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Bitcoin falls to $104,000 as Iran-Israel conflict escalates: CNBC Crypto World
Bitcoin falls to $104,000 as Iran-Israel conflict escalates: CNBC Crypto World

CNBC

time4 days ago

  • Business
  • CNBC

Bitcoin falls to $104,000 as Iran-Israel conflict escalates: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin and other cryptocurrencies fall as tensions in the Middle East rise and investors digest weaker-than-expected U.S. economic data. Plus, the Senate gears up for a vote on the GENIUS Act stablecoin legislation. And Sandy Kaul, head of innovation at Franklin Templeton, discusses the firm's new yield offering for intraday trades on its tokenization platform.

Senate Stablecoin Act 'Critical': Franklin Templeton's Kaul
Senate Stablecoin Act 'Critical': Franklin Templeton's Kaul

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Senate Stablecoin Act 'Critical': Franklin Templeton's Kaul

The Senate is expected to pass a landmark crypto regulation bill today that might catapult digital assets to the forefront of the financial system. If approved, then the measure would head to the House, where a competing stablecoin bill advanced in committee in April. Franklin Templeton's Head of Innovation, Sandy Kaul, believes stablecoin legislation is "critical". She speaks with Tim Stenovec and Sonali Basak on "Bloomberg Crypto." (Source: Bloomberg)

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