AGP Executive Report
Last update: 10 hours agoCrypto policy & regulation: Europe’s MiCA transition ends July 1, leaving fewer than one in five previously registered crypto firms fully authorized; ESMA says unauthorized providers must wind down “orderly” and stop activity in the single market. US political finance: Trump’s latest financial disclosure shows about $1.2B in 2025 earnings tied to crypto ventures, including World Liberty Financial and Trump-branded token sales. Institutional crypto plumbing: Binance and Anchorage Digital expand institutional off-exchange settlement and segregated custody via Anchorage’s Atlas platform, aiming to separate custody/collateral from execution. Market structure & trading tech: Nasdaq’s move to bring proprietary market data onchain via Pyth highlights the shift toward blockchain-backed market infrastructure. Banking & credit: RBI says microfinance lending is recovering after seven quarters of decline, though borrower numbers keep shrinking; asset quality has improved. Rates & FX: India’s rupee slips 19 paise to 94.75 per dollar; South Korea bond yields jump as the won weakens. Equities: India’s Sensex and Nifty open higher on autos and FMCG; Australia’s ASX starts the new financial year slightly lower as banks drag while South32 jumps on its Alcoa aluminium deal. Competition watchdog: South Korea’s trade regulator alleges Google abused its Android app store position, with sanctions proceedings underway.
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.