AGP Executive Report
Last update: 9 hours agoCrypto Rally: Bitcoin surged about 23% this week to near $78,000–$80,000, helped by expanded U.S. long-term bond buybacks and a wave of short liquidations, while spot Bitcoin and Ether ETFs pulled in roughly $2.6B in the strongest week since October; Market Volatility: the upside came with sharp reversals too, as a modest pullback triggered hundreds of millions in leveraged long liquidations; Regulation Watch: the U.S. CLARITY Act push and SEC crypto rulemaking chatter kept risk appetite high, while the UK sent 81,000 crypto tax warning letters ahead of automatic information sharing under OECD’s CARF; Fintech & Banking: India’s RBI ordered Paytm Payments Bank to wind up, and Paytm said it is now sustainably profitable and plans more AI and financial services investment; Cybersecurity: new banking trojans (including Manic and Grandoreiro) are targeting mobile users for credential theft and crypto fraud; Payments & Policy: Nigeria’s naira edged up in official FX as data showed softer interbank turnover, alongside new CBN data-localisation scrutiny.
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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