AGP Executive Report
Last update: 10 hours agoCrypto Market Pulse: Bitcoin rebounded to around $84,000 after topping $86,000–$87,000, with spot ETF inflows and easing near-term uncertainty helping sentiment. Stablecoin Regulation: The Fed proposed new stablecoin reserve and capital rules under the GENIUS Act, while the EU is weighing a September 30 deadline on DeFi loan rules. Exchange & Security: Bitget suspended withdrawals after a suspected North Korean-linked $351.6M hack; Bybit rolled out a global “Make your move” campaign and updated its restricted counterparty list. Policy & Courts: Kalshi lost another appeals fight on sports prediction markets, reigniting the state-versus-federal regulatory fight. Scams & Fraud: Singapore warned of two ICA-themed scam variants tied to $8.8M losses; Italy’s Intesa Sanpaolo suffered a €95M AI voice-clone fraud; a U.S. case charges a Vietnamese suspect in a $16M pig-butchering crypto scheme. Crypto in the Real World: Nigeria’s tax authority issued virtual-asset guidelines with transaction duties and VASP levies. EU DeFi Oversight: The EBA asked the Commission to review MiCA rules for crypto firms that route customers into DeFi lending. Crime & Illicit Finance: An EncroChat-linked “Fish Conspiracy” saw four men jailed for smuggling over £20M of cocaine hidden in frozen fish.
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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