AGP Executive Report
Last update: 8 hours agoUS Senate & Crypto Policy: The Senate wrapped its summer session without passing the SAVE America Act, while GOP leaders still push crypto legislation—Senate Majority Leader John Thune filed to advance the Clarity Act for a key procedural vote when lawmakers return in mid-September, setting up a potential 60-vote fight. Brazil Anti-Fraud Controls: Brazil’s central bank ordered exchanges to delay crypto transfers abroad for up to 24 hours for amounts over $10,000 starting Jan. 1, 2027, aiming to slow scam proceeds. Iran Sanctions Escalate: The US Treasury expanded sanctions on Iranian crypto exchanges and froze assets tied to alleged IRGC-linked activity; Iran’s central bank chief denies any connection. Bybit Hack Recovery in Court: Bybit’s civil case over the Feb. 2025 $1.5B hack moved forward as a US court granted a preliminary injunction freezing identified stolen assets; Bybit says it recovered $48.4M and has $30.5M frozen. Market Mood: Bitcoin held near $65K as ETF inflows and whale buying offset selling pressure, while Pi Network ticked up alongside improving sentiment. Scam Warning: Malaysia reported 66,000 online scam cases last year with RM2.97B in losses, with AI and social engineering driving the surge.
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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