AGP Executive Report
Last update: 10 hours agoCrypto ATM Policy Shift (New Zealand): New Zealand has walked back a planned blanket ban on crypto ATMs, choosing “targeted and proportionate” guardrails instead, with powers to restrict cash transactions for virtual assets. Stablecoin Compliance Shock (EU): Revolut halted new USDT purchases for EU users and will force fiat conversion for remaining balances after MiCA’s EMT rules took effect. Onchain Scam Alert (DeFi phishing): A trader lost about $1M after signing a malicious Uniswap Permit2 approval message—another reminder that approval phishing keeps draining wallets without any protocol hack. Developer Protection Push (US): Sen. Ron Wyden urged Senate leaders to keep crypto developer protections in the CLARITY Act’s BRCA section, arguing non-custodial software developers shouldn’t be treated as money transmitters. India Policy Pressure: India’s central bank reiterated a stance leaning toward prohibition, while tax officials warned offshore trading is hard to track. Quantum-Safe Race (Microsoft/US): Microsoft accelerated its post-quantum timeline to 2029, and the White House outlined coordinated execution for federal migration. South Korea Deal (Mirae/Korbit): Mirae Asset won antitrust approval to buy 92.06% of Korbit, a TradFi-crypto first. Cybercrime Tactics (Delhi mule accounts): Delhi police traced 96 suspected money-mule accounts to one bank branch, showing how scams route funds before crypto transfers.
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.