AGP Executive Report
Last update: 9 hours agoSanctions Evasion: A Financial Times report says Iran’s central bank has quietly encouraged crypto use to settle cross-border payments as the rial weakens and SWIFT access stays constrained. Tokenized Markets Clash: Robinhood CEO Vlad Tenev pushed back on AMC’s criticism of tokenized stock products, arguing shareholder rights and issuer obligations shouldn’t be vetoed. Stablecoin Milestone: Ripple’s RLUSD hit a record ~$2.44B in circulation, with balances shifting toward Ethereum. XRP Ledger Performance: XRPL processed a record 3,254 transactions in a single block after the fixCleanup3_3_0 mainnet activation. ETF Flows: US spot Bitcoin ETFs saw ~$462.7M net outflows while Ether ETFs pulled in about $197M, as traders de-risk ahead of the Fed and the CLARITY Act. Derivatives Push: Singapore Exchange won CFTC approval to offer Bitcoin and Ether perps to US institutions. Security & Fraud: Revolut confirmed a phishing-style scam that exposed some customers’ passports, selfies, and transaction histories. Bridge Risk: Symbiosis recovered ~15 BTC after a Bitcoin bridge exploit that minted ~46.1B unbacked syBTC. Regulation at Home: Albuquerque passed an ordinance banning crypto ATMs and cashier-facilitated crypto transactions to curb fraud.
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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