AGP Executive Report
Last update: 9 hours agoBitcoin: BTC rebounded above $82,000 as oil eased and risk appetite improved, though weak institutional demand clouds the outlook. Stablecoins: EU regulators named USDC their first significant e-money token. From Nov. 12, the EBA will oversee its reserves, liquidity and redemptions. Yield Risks: Crypto lending vaults now hold more than $10 billion, with some offering returns above 20%; analysts warn of liquidation, hacking and limited investor protection. Regulation: Crypto.com and Novig sued Missouri to stop the state applying sports-betting laws to their event contracts. France is advancing a tax on some crypto-to-stablecoin swaps. Security: A Ledger supply-chain attack involving tampered wallets is linked to more than $90 million in losses, renewing scrutiny of the company’s response and reseller checks. Institutional Push: Deutsche Bank is nearing Bitcoin and Ethereum custody services, while Schwab has opened crypto trading to retail clients.
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