AGP Executive Report
Last update: 3 hours agoRussia Crypto Law: Russia’s State Duma passed “On Digital Currency and Digital Rights,” creating a regulated retail framework with a ~300,000-ruble (~$3,800) annual purchase cap for non-qualified investors, licensed intermediaries, and a ban on domestic crypto payments; trading is set to run via state-approved venues from Sept. 1, 2026. UK Banking Pressure: The UK’s crypto industry is pushing back as the APPG launches an inquiry into why banks block accounts and payments for crypto firms ahead of the FCA’s mandatory regime in Oct. 2027. Bitcoin Moves: Bitcoin climbed back above $66,000 as spot ETF inflows continued, lifting broader crypto sentiment. Telegram Wallet: Telegram says it will roll out a non-custodial wallet for its ~1B users this summer, supporting GRAM (formerly Toncoin). Scam Warnings: Authorities and the FTC flag rising impersonation and AI-assisted fraud, including donation scams targeting businesses and seniors. Celsius Fallout: Celsius co-founders were ordered to pay over $6M to resolve FTC charges. Market/Infra: BlackRock-MGX backs a $5B Aligned Data Centres expansion, while Kraken added Casper trading for U.S. users.
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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