AGP Executive Report
Last update: an hour agoStablecoin Expansion: Ripple’s RLUSD is now available on Coinbase’s retail and institutional platforms, with deposits and withdrawals supported on the XRP Ledger, Ethereum and Base. Treasury Secretary Scott Bessent said stablecoins could bolster the dollar by widening access to it and increasing demand for U.S. Treasuries. Tokenized Markets: DTCC launched a securities-tokenization service covering about $30 trillion in eligible assets, with 20 major financial firms signed on. Mining Rules: Abu Dhabi’s ADGM issued licensing guidance for crypto miners, treating mining as a commercial activity rather than a regulated financial service. Security Concerns: South Korean authorities are investigating breaches affecting crypto exchange Bithumb and financial firms, amid a broader wave of attacks. Tax Reporting: France’s Senate approved a bill to share crypto transaction data with tax authorities across 46 jurisdictions from 2027, pending approval by the National Assembly.
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