Midday News Update
#Web3 🔀 DeFi Technologies approves a 1‑for‑7 stock split, doubling‑down on its Solana investment strategy.
⚖️ Former SafeMoon CEO pleads not guilty, blaming the project’s founder on day one of the trial.
🏦 U.S. OCC says banks may buy, sell, or custody crypto on customer instruction—and outsource those services.
🏜️ Arizona signs HB 2749, creating the nation’s first state‑level crypto reserve.
🚨 Trump’s new tariffs spark stagflation fears—higher costs amid slower growth.
👀 Fed‑watcher Nick Timiraos: May FOMC rate cuts are unlikely as Powell balances recession risks vs. inflation.
#defitech #Safemoon #OCC