AGP Executive Report
Last update: 12 hours agoRegulation & Policy: The CLARITY Act is still in limbo as Senate timing slips toward 2027, with fresh friction from banks and Sen. Josh Hawley signaling a “No” vote over stablecoin yield concerns—while Russia meanwhile moves ahead by signing its own crypto market-structure law, putting more pressure on US lawmakers. Institutional Crypto: BNY Mellon taps Galaxy to add staking inside its $62.6T custody platform, aiming to let clients earn rewards without moving assets. Markets & Products: Coinbase UK is rolling out zero-commission access to US stocks and crypto in one app, and Binance added 10 new tokenized “bStocks” spot listings (including ASML and Netflix) with algo trading bots enabled. On-Chain Activity: Solana hit a record 169.9M non-vote transactions in a day, while crypto price action stayed muted around $64K amid slower trading. Security: ZEUS paused Lightning wallet services after a cyber incident, joining other Lightning-related outages this week. Scams & Compliance: Hong Kong police linked “Fun Coffee” to HK$107.5M losses, and the SEC is creating a new accounting fraud unit as crypto oversight shifts toward rulemaking.
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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