Today in crypto, Spar supermarket in Zug, Switzerland, has started accepting Bitcoin payments through the Lightning Network, reflecting the growing cryptocurrency adoption in everyday transactions. Over 1,000 Swiss businesses now accept Bitcoin. Furthermore, a TRM Labs report indicates that Yemeni citizens are increasingly utilizing decentralized finance (DeFi) due to US sanctions against the Houthi group, with DeFi platforms accounting for over 63% of Yemen's crypto-related web traffic. This trend highlights a shift from necessity over speculation among the population, who face difficulties accessing traditional banking services. In related news, US President Donald Trump criticized Federal Reserve Chair Jerome Powell for being slow to cut interest rates, highlighting a potential conflict with the Fed's independence. Trump’s remarks mark a departure from longstanding conventions of political neutrality regarding the Fed, as he called for new leadership to manage economic policies amid changing inflation rates. While the European Central Bank has made recent cuts, Trump maintains that Powell's actions have not kept pace with economic trends.

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