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Bitcoin EDFs are struggling to get buy-in from financial advisors.

If something were to happen with a Bitcoin, if it were to crash, that could really

cause some sort of liability for the financial advisors.

And lobbyists turned the Senate after the U.S US House approves a bill to ban

Tik-Toc or force a sale of the app.

Plus the European Central Bank makes a technical but consequential change affecting

European banks.

It's Wednesday, March 13th.

I'm Anne Marie Fertoli for the Wall Street Journal.

This is the PM edition of What's News,

the top headlines and business stories that

move the world today.

The European Central Bank has unveiled a rare makeover to the inner workings of monetary policy

in a change that's important for the economy and investors.

Reporter Tom Fairless says the goal is to gradually reduce the ECB's footprint in the financial

system by changing how the banks interact with it and each other.

So it's a change that won't be seen by most businesses and households.

It affects how the ECB gets its interest rates that it sets into the economy,

how it engaged with the banks and how the banks engage with each other

for the interest rates to level off at the place where the ECB wants them. Now the interest rates have risen

...