AGP Executive Report
Last update: 11 hours agoCLARITY Act Push: The Federal Law Enforcement Officers Association backed the Digital Asset Market Clarity Act on July 10, but asked senators to tighten DeFi accountability and keep existing investigative powers intact as the August recess deadline nears. White House Staffing: Crypto adviser Patrick Witt is set to leave the White House for months of Georgia Army National Guard legal training, with Harry Jung expected to cover CLARITY Act talks. India Enforcement: India’s ED provisionally attached ₹55.50 crore in Mumbai assets tied to the “ATC Coin” investment fraud, alleging promoters collected about ₹84 crore from the public. Crypto Market Access: Upbit listed Derive’s DRV token across KRW, BTC and USDT pairs, while South Korea prepares a pilot to tokenize government bonds using blockchain-linked CBDC infrastructure. Stablecoin Payments Watch: Borderless.xyz says stablecoin cross-border transfers often priced below interbank FX in Q2, with routing costs varying sharply by region. Exchange Moves: Binance marked nine years and Binance.US set a goal to reclaim 20% U.S. market share with lower fees and liquidity incentives. Crime & Scams: Interpol linked a romance-scam laundering network to a crypto wallet processing $122.5M, and Singapore jailed a syndicate member for selling chat accounts used in scams.
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