AGP Executive Report
Last update: 2 hours agoUS Sanctions: The Treasury/OFAC hit Shelbit, a Dubai-based unlicensed exchange, plus founder Siavash Kayvanpour, alleging a $4B Iran sanctions-evasion pipeline tied to the IRGC. Regulation Watch: The Senate delayed the CLARITY Act vote until September, keeping US crypto oversight in limbo while Coinbase CEO Brian Armstrong says momentum is still building. Security Alerts: BTCPay Server warned of an actively exploited critical vulnerability and urged users to update to 2.4.2 or shut down. Stablecoins Expansion: Circle launched native USDC and CCTP on OKX’s X Layer, and Nigeria’s SEC-licensed Quidax expanded stablecoin infrastructure to 21+ countries. Enforcement & Crime: A Mexican national pleaded guilty to laundering nearly $2M in drug proceeds using crypto and wires; Russia arrested 20+ tied to unregistered crypto exchange services. Market/Mining: Bitcoin held near $65K as miners sold off on Q2 losses—MARA down 7%, Cipher down 6%, TeraWulf down 4%. Scam Research: A study argues scammers reuse the same psychological playbook across phishing, romance fraud, and crypto schemes.
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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