[Trump Administration Seeks Supreme Court Ruling on President's Authority to Dismiss Federal Reserve Governor Cook] The Trump administration has formally submitted a request to the U.S. Supreme Court, seeking a ruling on whether the president has the authority to dismiss Federal Reserve Governor Cook. This move could have profound implications for the independence of the Federal Reserve, especially in the current context of highly sensitive economic policies. The appointment and dismissal of Federal Reserve governors are typically subject to strict limitations to ensure the independence of monetary policy. This case could become a landmark in defining the relationship between executive power and the Federal Reserve's independence.

[PayPal Stablecoin PYUSD Launches on Stellar Network] According to Golden Finance, PayPal's stablecoin PYUSD has officially launched on the Stellar network.

[U.S. Senator Questions Whether Binance Complied with Settlement Agreement] According to Bloomberg, U.S. Senator Elizabeth Warren is pressuring the Department of Justice to confirm whether Binance has complied with the settlement agreement reached with federal prosecutors in 2023. The agreement involves money laundering and sanctions violations, with Binance agreeing to pay $4.3 billion and accept compliance oversight. The senator also inquired about details of Binance's interactions with Trump administration officials. Prosecutors are considering whether to allow the removal of compliance oversight requirements in the agreement.

Stock rebounds on technical support while peers in bitcoin treasury space struggle.

Brera’s Solmate will hold and stake SOL, with support from ARK Invest, RockawayX, Pulsar Group and the Solana Foundation.