Economic news
Musk criticises Trump’s ‘big, beautiful’ tax bill
Billionaire’s comments are strongest rebuke of US president’s agenda yet
Stablecoins and monetary sovereignty: the ball is in Europe’s court
Asset-backed digital currencies should not be regulated or regarded as the same as central bank money
Bitcoin price surge encourages more companies to acquire crypto
Many digital asset firms are trying to emulate software group Strategy’s success
Trump world tries to corner crypto
Plus, a rundown of the mess at Builder.ai and a feud over litigation finance
Should ordinary US retirement accounts be investing in private assets?
Some worry that PE funds could become a dumping ground