AGP Executive Report
Last update: 9 hours agoIndia Policy Watch: RBI Governor Sanjay Malhotra doubled down on caution toward cryptocurrencies, saying India backs the underlying tech (distributed ledgers and tokenisation) but sees CBDCs as a better fix for cross-border payments and warns of risks to monetary sovereignty, policy, and capital flows. UK Crypto Crime: A BBC report describes a “wrench attack” in Solihull where masked thieves allegedly used hammers to assault a man and threaten his pregnant wife to force cryptocurrency handover. US Regulation: The SEC is moving toward clearer crypto custody rules for investment advisers and funds, with SEC Chair Paul Atkins framing it as closing a legal gap and strengthening US leadership in crypto. US Banking Fight: The ICBA sued the OCC over national trust bank charters for crypto firms, arguing the regulator exceeded authority—an issue tied to recent approvals for players like Circle and Coinbase. Cross-Border Payments: Thunes added Circle’s EURC stablecoin to its global payments network for 24/7 euro prefunding across multiple chains. Market Pulse: Bitcoin held near $84.5K as rate-hike expectations cooled, while spot Bitcoin ETFs pulled in about $2.4B in a recent week.
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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