AGP Executive Report
Last update: 12 hours agoTruth Social Data Licensing: Trump Media is reportedly pitching Wall Street traders up to $100,000 a month for faster access to certain Truth Social posts via a paid “Truth API,” sparking fresh ethics backlash. Stablecoins vs Banks: ECB board member Piero Cipollone warned stablecoins could siphon retail deposits from banks, raising funding costs and pressuring lending rates. Crypto Regulation Push: US lawmakers urged the Senate to pass the CLARITY Act to replace enforcement-by-chaos with clearer SEC/CFTC rules. FTX Payouts: FTX scheduled its fifth creditor distribution of about $900M for July 31, with cumulative recoveries now topping $10B. Market Moves: Bitcoin slipped back below $63K as macro risk-off hit crypto; Ethereum’s rebound stalled as policy uncertainty cooled ETF optimism. Solana Ecosystem Signals: Pump.fun reportedly transferred another 81,712 SOL to Kraken, while SOL holds near support amid uneven layer-1 flows. EU MiCA Expansion: Ripple Payments Europe was added to ESMA’s MiCA register, enabling regulated crypto services across 29 EU countries. Security & Scams: Consensys cut off access after an external contractor linked to North Korea; separate reports highlight malware-stealing crypto via Steam games and ongoing large-scale fraud arrests.
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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