AGP Executive Report
Last update: an hour agoPrivate Markets Benchmarking: BlackRock expanded Preqin benchmarks across Aladdin platforms, adding closed-end fund indices, asset-level indices and 140,000+ peer benchmarks to make private-market comparisons easier. Crypto Regulation Clash: Coinbase pushed back on the U.S. CLARITY Act, arguing it strengthens national security via clearer oversight, AML rules and stronger sanctions enforcement. Stablecoin Liquidity Watch: Stablecoin supply fell about $10B since May, with June’s drop the biggest since Terra, as USDT/USDC redemptions tightened crypto liquidity. Banking Fraud & Controls: Ghana’s BoG data shows fraud is increasingly concentrated in payment service providers, while Thailand plans tighter checks on large cash deposits and high-value USDT trades to curb hidden flows. Digital Banking Rollouts: Bank of Ceylon launched BOC Flex Tap & Pay, and the Philippines is moving from text OTPs to silent, risk-based authentication under BSP rules. Earnings Season Focus: Markets brace for a big week of bank results, with Citigroup singled out as a key turnaround test. Cybercrime Refunds: Mysuru police and banks coordinated to speed refunds after cyber fraud froze funds in thousands of accounts.
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.