AGP Executive Report
Last update: 6 hours agoFintech IPOs: Standard Bank plans to invest up to $200 million in Nigerian payments company OPay as it prepares for a New York listing. OPay has also approved a secondary listing on Nigeria’s NGX, potentially widening local investor access. Digital Assets: Thailand has finalized rules for Bitcoin and Ether ETFs, with trading expected to begin Oct. 16. Russia’s central bank has approved Sberbank to offer crypto exchange services from Dec. 1. Tokenized Markets: Korea’s Koscom will showcase shared infrastructure for issuing and managing tokenized securities, designed to help brokerages avoid building their own systems. Digital Banking: QNB Group won seven global awards for digital banking and innovation. Separately, a Global Payments survey found 98% of consumers in China are open to AI-assisted shopping. Crypto Markets: Bitcoin fell below $82,000, triggering about $120 million in liquidations of leveraged bullish bets, amid heavy weekly outflows from crypto funds.
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