Crypto markets are still under pressure after the long July 4th weekend, and the volatility continues to impact firm after firm. Lenders are getting hit especially hard, and some are considering buying one another in order to rescue what small semblance of business could be left. Meanwhile, the EU last week finally agreed on a regulatory framework for exchanges and stablecoin issuers. Josh Goodbody, COO of Qredo, joins Closing Bell to discuss this week's developments and more.