AGP Executive Report
Last update: 10 hours agoEU MiCA enforcement: From July 1, the EU tightened rules for crypto-asset service providers, ending national transitional registrations and requiring MiCA licensing to serve EU clients. DeFi momentum: Aave launched on Monad and hit $100M+ in deposits within 48 hours, expanding GHO distribution beyond Ethereum L2s. Stablecoin shake-up in Europe: Revolut will delist Tether’s USDT from Aug. 31, citing MiCA compliance and risk checks, with a wind-down starting July 6. South Africa tax crackdown: SARS published draft crypto tax guidance for ~6M users, with audits ramping and public comments due by Aug. 31. Market catalysts: Coinbase outlined progress toward an “all-in-one” platform including tokenized stocks and derivatives; meanwhile, traders are watching July 8 Fed minutes for COIN/MSTR/HOOD volatility. Sports-crypto surge: FIFA’s World Cup partnership with Kraken is driving fan-token and prediction-market activity, with tournament betting volume topping billions. Crypto policy odds: CLARITY Act passage odds jumped to ~53% on Polymarket as a July 4 draft nears.
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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