The US and UK support cross-border use of stablecoins - The US and UK on Tuesday outlined a shared vision for stablecoin regulation, pledging closer cooperation to support their use in cross-border payments and capital markets.

Oil at $120: will this force the Bank of England to raise rates? - The Bank of England is likely to keep interest rates unchanged at its meeting on July 30, despite rising energy prices, according to a research note from ING Economics published on Monday.