AGP Executive Report
Last update: 7 hours agoClarity Act Showdown: Republicans circulated new draft language for the Clarity Act, adding a White House-approved ethics provision that could restrict public officials from issuing or sponsoring crypto, but Democrats are still split—especially over DOJ enforcement—while the Justice Department warns the bill could complicate money-laundering prosecutions. SEC Crackdown: The SEC flagged 23 unlicensed online investment firms in Ghana, warning the public to avoid them and saying it’s coordinating with law enforcement to target operators. Stablecoin Payments Push: Marqeta teamed with zerohash to let card issuers embed stablecoin spending without rebuilding core systems, aiming for compliant global rollout. Market Pulse: Bitcoin held near $66,300 as ETF inflows neared $1B over six days, while traders also weighed US-Iran escalation risk and CME’s strong results (with CEO criticism of perpetual futures still in focus). Crypto Crime & Scams: CertiK reported 52 confirmed “wrench” attacks on crypto holders in H1 2026 (about $124.1M at risk), and police warned of phone scams demanding crypto payments; meanwhile, NAPTIP said online scam compounds are expanding and cited trafficking links to crypto trading lures. XRP Supply Watch: Ripple is set to unlock 1B XRP on Aug. 1, though most prior monthly releases were re-escrowed.
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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