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IMF warning shrugged off; US stablecoin bill race

The crypto market shrugs off IMF’s predicted recession risk. Also, U.S lawmakers racing to introduce the stablecoin bill.

Welcome to The Daily Forkast – July 27th, 2022 – presented by Joel Flynn.

Coming up on today’s show:

Crypto market quickly rebounds after IMF predicts increased recession risk. 

MicroStrategy shares fall after Jefferies downgrade to ‘underperform’.

IMF says crypto crash hasn’t quite harmed broader financial system.

Venture Capital close to surpassing 2021 record.

US lawmakers reportedly racing to introduce draft stablecoin bill.

South Korean prosecutors slap ‘notification upon arrival’ on Terra’s Do Kwon.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 27th.