AGP Executive Report
Last update: 11 hours agoUS Crypto Regulation: The SEC proposed new custody rules for investment advisers and funds, aiming to clear a major hurdle for regulated crypto holding as Hester Peirce nears her Oct. 2 SEC exit. Market Volatility: A sharp rally on Oct. 2 triggered about $110M in short liquidations in minutes, underscoring how leverage can flip momentum fast. Stablecoins Go Mainstream: Visa says ~17% of stablecoin-linked card volume is now from business/commercial programs, while Fiserv launched a live bank stablecoin use case (North Dakota’s Roughrider Coin) using Solana rails. Privacy Tech: Ethereum Foundation activated zkAPI on mainnet, enabling anonymous payments for AI services via zero-knowledge proofs. Tokenization in Real Life: Plexrum tested a real-estate record + token workflow on Ethereum Sepolia, and Polymath with CineCity explored regulated tokenized film financing. Security & Crime: Spanish police arrested a suspected KillSec ransomware operator after Europol seized servers/leak data; separate reporting highlights A7 sanctions tied to Russia/Iran evasion.
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.