AGP Executive Report
Last update: 5 hours agoUS Politics Meets Crypto: Trump-linked World Liberty Financial got conditional OCC bank approval, aiming to issue and safeguard USD1 stablecoin—sparking fresh “Trump crime family” backlash. Stablecoin Regulation: The CLARITY Act fight heats up as banks oppose stablecoin rewards; odds of passage reportedly slid to ~10% ahead of a September Senate vote. Market Structure & ETFs: Cboe asked the SEC for permission to list 3x Bitcoin/Ethereum futures funds, but the SEC says filings aren’t yet effective. Crypto Markets: Bitcoin is stuck near $63K as ETF demand softens and traders watch futures positioning for a potential forced move. Tokenized Real-World Assets: Tokenized ETF market cap jumped to ~$611M (+826% YoY), while tokenized stocks hit 1.4M holders (+448% in six months). DeFi & RWA Collateral: Aave V3 dominates tokenized gold deposits, holding over half of tokenized gold supplied on DeFi. Company Moves: Swissquote cut 2026 guidance as crypto income fell 66.2%; Kraken’s parent Payward reported $508M Q2 revenue but EBITDA dropped sharply. Security & Scams: ASIC warns AI deepfake scams are surging in Australia; DefiLlama delayed its app launch after fake App Store listings drained test wallets; Bits of Gold is probing a breach that may expose customer identity data. On-Chain Watch: CZ says he’ll abandon a public wallet after meme-coin spam made it unmanageable, donating remaining tokens to Giggle Academy.
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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