AGP Executive Report
Last update: 11 hours agoCLARITY Act Momentum, Then Market Whiplash: The US Senate Banking Committee cleared the 309-page Digital Asset Market Clarity Act on a 15-9 bipartisan vote, setting SEC vs CFTC lines and moving stablecoin rules forward—but crypto didn’t hold the high. Bitcoin Pullback: BTC slid back under $78K after a sharp long-liquidation burst (~$550M) as rate/inflation jitters returned, while Spot Bitcoin ETFs logged about $1B in weekly net outflows, ending a six-week inflow streak. Security & Scams: THORChain denied any “refund” program after a ~$10M exploit, warning users off fake accounts; Binance Research said law enforcement recovered ~11% of illicit crypto volume in 2025. Regulation Beyond the US: Russia lawmakers floated legalizing P2P crypto; North Carolina advanced its own digital asset/stablecoin banking bill. AI Goes Financial: OpenAI rolled out ChatGPT banking integration for Pro users, and Ripple’s XRP got an AI trading-system push.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.