AGP Executive Report
Last update: 8 hours agoBitOasis Leadership Shift: UAE crypto platform BitOasis appoints ex-HSBC/Deutsche Bank exec Jonathan Rigg as CEO, aiming to expand regulated growth across MENA after CoinDCX’s 2024 acquisition. Crypto Market Surge: Bitcoin reclaims $81K+ as rate-hike fears cool and yields ease, pulling majors and lifting total crypto market cap to about $2.82T. Stablecoin Watch: Circle’s latest USDC reserve attestation shows reserves above circulating supply, with Deloitte reviewing $34.5B backed mainly by short-term Treasuries and repo. Regulation Push: In the US, the CLARITY Act debate heats up while CFTC Chairman Selig signals crypto market-structure rulemaking under existing authority if legislation stalls; Michigan also moves to block Kalshi over prediction-market “sports betting” claims. Institutional Access: UK retail investors get crypto exposure via Hargreaves Lansdown crypto ETNs for Bitcoin and Ether. Prediction Markets Expansion: Gate launches an Event Contracts Builder to let businesses embed prediction markets into their own apps. On-Chain Infrastructure: ECB keeps the digital euro prep phase moving, covering offline features and privacy, but not final issuance approval.
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