US President Donald Trump is bringing criminal charges against the head of the Fed in what many see as a political move motivated by a desire for lower interest rates. The US Department of Justice, at the direction of President Donald Trump, has opened a criminal investigation into Federal Reserve Chairman Jerome Powell. The DOJ alleges that the chair has misallocated funds in the course of renovations of Federal Reserve office buildings, a claim that Powell has denied. The Fed chair said that the charges were politically motivated and “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.” Read more
US President Donald Trump said the “leaker on Venezuela has been found and is in jail” as some Polymarket accounts tied to early bets on Maduro’s ouster go silent. US President Donald Trump said the “leaker on Venezuela” has been jailed, a remark that has renewed scrutiny of prediction markets following a series of well-timed bets earlier this month. “The leaker on Venezuela has been found and is in jail right now,” Trump said in the Oval Office on Wednesday, according to a video posted by The Wall Street Journal. Although Trump did not mention prediction markets, blockchain analysts such as Lookonchain have speculated that the leaker may be linked to a cluster of Polymarket accounts that placed concentrated bets on Venezuela outcomes just hours before the news became public. Read more
Jefferies’ Greed & Fear strategist Christopher Wood has slashed a 10% Bitcoin allocation from his portfolio and moved into gold, citing the quantum risk to BTC, Bloomberg reports. Investment bank Jefferies’ longtime “Greed & Fear” strategist Christopher Wood has reportedly eliminated Bitcoin from his flagship model portfolio, citing mounting concerns that advances in quantum computing may undermine the cryptocurrency’s long-term security. According to a report by Bloomberg, Wood said in the latest edition of his Greed & Fear newsletter, that the 10% Bitcoin (BTC) allocation he first added in late 2020 has been replaced by a split position in physical gold and gold mining stocks. He argued that quantum breakthroughs would weaken Bitcoin’s claim to be a dependable store of value for pension‑style investors. Read more
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight. Belarus has introduced a legal framework for so-called “cryptobanks,” formally integrating digital asset activity into the country’s regulated banking system under direct state oversight. On Friday, Belarusian President Alexander Lukashenko signed Decree No. 19, defining how crypto banks may operate and what conditions they must meet to enter the market. The decree positions cryptobanks as joint-stock companies authorized to combine token-based operations with traditional banking, payments and related financial services. Rather than creating a parallel sector for crypto, the framework ties digital asset activity to existing financial oversight mechanisms and infrastructure. Read more