AGP Executive Report
Last update: 8 hours agoCrypto Security Shock: Coldcard wallet breaches tied to a firmware flaw are again in the spotlight, with reports of $70M+ drained and warnings that more affected wallets could be swept in waves. Payments & Banking: GCash is rolling out “link-and-pay” QR transactions funded by linked Visa cards, using Visa Payment Passkey for biometric/PIN authentication; the UAE Ministry of Finance also adopted “Aani” and “Jaywan” as new federal fee-and-fines payment channels. Fintech Expansion: Pakistan’s Abhi plans an IPO for Abhi Microfinance Bank, while Robinhood secured UK FCA crypto registration ahead of the next licensing regime. Crypto Market & Regulation: South Africa released draft cross-border crypto rules requiring offshore transfers via authorized providers and reporting to the Reserve Bank; Japan’s Bitget is exiting the market for residents. Institutional/DeFi Finance: Hyperscale Data raised ~$30M via a Bitcoin-collateralized Morpho DeFi loan to fund Michigan expansion. AI in Finance: Pluang is testing AI-led trading with human confirmation, and D-Wave is piloting quantum tech with Nasdaq Verafin for financial crime detection.
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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