AGP Executive Report
Last update: 5 hours agoRussia Crypto Policy: Putin signed Russia’s first full crypto framework into law, setting exchange rules and keeping a ban on domestic crypto payments while tightening how the market will be run. EU MiCA Scam Warning: EU watchdogs flagged a surge in fraud after MiCA’s July 1 deadline, with scammers impersonating crypto firms and regulators to trick users during the transition. US Regulation & Politics: Senators are scrambling to finish recess work, but crypto legislation is still stuck amid disputes over the CLARITY Act and broader spending and sanctions negotiations. Institutional Custody Move: Blockchain.com secured a Cayman VASP license for custody and exchange services, adding to its MiCA and UK FCA regulatory footprint. Market Integrity Case: MyTrade founder Liu Zhou was fined $10K for wash trading via bots, with prosecutors citing market manipulation tied to the FBI’s Operation Token Mirrors. Ethereum Security Hiring: The Ethereum Foundation is recruiting an AI-assisted protocol security researcher to hunt vulnerabilities across core layers. Nigeria Tax Backlash: Nigeria’s new virtual asset tax guidelines are drawing pushback over charges on “movement” rather than profit, with fears of reduced adoption and offshore migration. Price Watch: Bitcoin held above $64,000 as investors weighed ETF demand and macro signals.
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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