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The World in Brief from The Economist

America’s Congress passes crypto bill; Britain to lower voting age, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 18 July 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

America’s House of Representatives passed legislation regulating stablecoins, cryptocurrency tokens backed by safe assets.

Transcript

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0:00.0

The Economist.

0:06.3

Hello, you're listening to the free edition of the World In Brief from The Economist.

0:11.6

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:19.1

If you're already an Economist subscriber,

0:21.2

visit Economist.com slash espresso,

0:23.8

or visit our Espresso app to start listening.

0:26.6

Here's today's free edition.

0:32.9

This is The World in Brief from The Economist.

0:39.4

Our Top Stories This is The World in Brief, from The Economist. Our top stories.

0:42.8

America's House of Representatives passed legislation regulating stable coins,

0:48.0

cryptocurrency tokens backed by safe assets.

0:51.4

Over 100 Democrats joined Republicans to approve the bill, which Donald Trump is

0:56.5

expected to sign into law. By creating rules around the technology, the legislation will encourage

1:02.9

stablecoin's uptake. It marks a victory for crypto-lobying firms, which have found a champion in Mr.

1:11.5

Britain's government said it would lower the country's voting age to 16. The proposed change

1:17.3

will face scrutiny in Parliament. Reform U.K., which leads in opinion polls, but has just

1:23.5

four MPs, opposes the change. Argentina, Austria, and Brazil are among countries where 16-year-olds can vote.

1:32.9

In Britain, over-16s in Wales and Scotland can already vote in local elections.

1:40.5

Republicans in America's Senate passed a recisions package that would claw back $8 billion in foreign aid funding and $1.1 billion intended for public broadcasting.

1:53.2

America is the world's biggest spender on overseas assistance. Education and infrastructure sectors are among the hardest hit by the cuts.

2:02.4

The package will go back to the House of Representatives for approval and must be passed before Friday.

2:09.6

Spain's government said it would deepen investigations into the role of far-right groups and their members during several nights of violence in the country's

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