Washington weighs in on crypto

The EU proposes to shift its budget to send billions to eastern European countries, and bitcoin hits a record high as US lawmakers are about to vote on cryptocurrency laws. Plus, chancellor Rachel Reeves is set to talk about the UK’s vision for the financial services sector, and Nissan’s hybrid technology launch in the US.

Mentioned in this podcast:

EU budget shake-up to shift billions to eastern states

Bitcoin hits $120,000 milestone as US Congress readies for ‘crypto week’

Rachel Reeves to hail fiscal ‘stability’ and City risk-taking in Mansion House speech

‘E-power’: the hybrid tech Nissan is counting on to conquer the US

Today’s FT News Briefing was produced by Fiona Symon, Mischa Frankl-Duval, Sonja Hutson, Katya Kumkova, and Marc Filippino. Additional help from Blake Maples, Michael Lello and David da Silva. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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