AGP Executive Report
Last update: 7 hours agoRegulation Push: U.S. Treasury chief Scott Bessent urged the Senate to pass the stalled CLARITY Act, warning inaction would hurt America’s leadership on digital assets. Security & Scams: A 22-year-old Singaporean, Malone Lam, pleaded guilty in a $245M Bitcoin theft case tied to social engineering and laundering. Wallet Shutdown: Solana social wallet Hey Wallet told users to export keys and back up before it shuts down. Crypto Crime & Power: Mexican authorities busted a cartel-linked mining operation in Puebla, seizing 300 GPUs and stolen electricity. Tokenized Markets: Injective-backed Pineapple Financial moved $1B+ in residential mortgage records onchain, while Clearpool proposed migrating its credit setup to XRP Ledger with a token swap. RWA Derivatives: RWA perps hit about $4.8B in open interest as traders expand beyond crypto into equities, metals, oil, and indexes. Asia-Pacific Licensing: Gemini secured a full Major Payment Institution license in Singapore for regulated digital payment token services. Local Energy Limits: New York’s Plattsburgh floated a temporary pause on new crypto/data-center projects over state power allotments. Pakistan at UN: PVARA called for practical global rules for digital assets and blockchain to support inclusion and sustainable development.
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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