Financial Times

Shares in stablecoin company rise after regulator grants approval to operate as trust bank

Reform UK figures have been deepening their presence in the Balkan country since 2023

Proposals come amid controversy over Reform UK funding

Also in today’s newsletter, US opts not to renew trade deal with Mexico and Canada

Stablecoins could provide a common safe asset for the bloc and boost demand for the euro and bonds

For all their momentum, stablecoins’ moderate benefits come with a host of drawbacks

FT analysis shows US president declared more than 22,000 share transactions last year

The US president earned more than $1bn from digital currency interests as well as real estate and stock trades

US president also earned hundreds of thousands of dollars from licensing of Bibles, watches and perfume

Plus the bitcoin clown car company crash