AGP Executive Report
Last update: 10 hours agoIndia Crypto Tax Rules: CBDT issued new crypto reporting guidance under the Income-tax Act, saying no new taxes are added but exchanges must track and report all transactions. EU Sanctions Crackdown: The EU named HTX in a Russia sanctions-evasion crackdown, adding more pressure on crypto rails tied to circumvention. Russia Banking Push: Sberbank plans crypto trading infrastructure plus a digital depository by Dec. 1, with Russia’s tighter crypto framework set to start Sept. 1. DeFi Compliance Upgrade: Uniswap launched Permissioned Pools on v4, letting issuers enforce allowlists for regulated onchain assets. Prediction Markets Expansion: Robinhood is reportedly in talks to add Crypto.com event contracts, broadening its prediction-market lineup. Crypto Fraud & Enforcement: US Secret Service and DOJ actions recovered $25M+ in crypto from multiple fraud investigations, while India also targets mule accounts used to move stolen funds. Market & Mining: Poolin filed for Chapter 11 and seeks a $52M Texas asset sale after its 2022 withdrawal freeze. Adoption Reality Check: A new US report says crypto ownership has fallen to about 9% of Americans, despite mainstream access.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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