11 Major Central Banks Rally Behind Powell as Trump Escalates $2.5B Investigation

Central Banks have rallied behind Fed Chair Jerome Powell after a DOJ probe tied to a $2.5B renovation of the Fed’s Washington HQ. In a joint note, 11 counterparts cited independence as key to price stability. Powell has said rate policy is under pressure; Trump has denied directing Justice inquiry.
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Coinbase Threatens to Pull Backing for Senate Crypto Bill: Report

Coinbase may reconsider supporting digital-asset market structure legislation if Senate negotiators include language preventing platforms from offering stablecoin incentives, as traditional banking groups push restrictions beyond the GENIUS Act framework that bars issuers from paying direct interest while allowing third-party rewards amid stalled bipartisan negotiations and January 15 markup deadline.
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Stablecoins Power $500K-$2.5M Property Deals Across UK, France, and Malta: Report

Lithuania-licensed crypto payments app Brighty brokered over 100 property deals worth $500,000 to $2.5 million across UK, France, and Malta for wealthy clients spending $50,000 monthly, with euro-backed stablecoin transaction sizes jumping from €15,785 in Q3 to €59,894 in Q4 as buyers favor EURC over USDC to eliminate conversion costs for European purchases.
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