AGP Executive Report
Last update: 10 hours agoSovereign AI for fintech: SuperWize and ABHI will deploy in-country sovereign AI models across ABHI’s Pakistan operations, targeting customer support, credit/risk workflows, and payroll automation while keeping data inside the country. Banking safety net: Nigeria’s NDIC has begun paying insured deposits for 46 defunct microfinance banks after the CBN revoked their licences in July, with payouts to proceed gradually. Crypto regulation momentum: The U.S. Senate advanced the CLARITY Act toward a full vote, but a recess left the bill short of action—raising expectations for clearer rules that could move institutional crypto demand. Market structure & security: Bitcoin’s controversial BIP-110 fork stalled after producing only two blocks as most miners stayed on the main chain; separately, Coldcard fallout and ongoing wallet-security concerns keep pressure on self-custody. Fraud warnings: Pennsylvania AG warned of government-imposter scam calls demanding bail or bond payments (often via crypto/gift cards), while Saskatchewan RCMP flagged fake traffic-ticket text messages using UK-style numbers. Fintech infrastructure: Circle says its Arc Mainnet will launch Sept. 16, with partnerships including DTCC and BlackRock.
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