AGP Executive Report
Last update: 6 hours agoDigital euro: The EU’s ECON committee backed a “single currency package” that creates a legal framework for a digital euro while stressing cash will stay viable. Stablecoin policy: In the US, the House sent the 21st Century ROAD to Housing Act to President Trump, embedding a provision that restricts federal CBDC development through 2030—raising the stakes for how banks and crypto compete. Banking regulation & risk: Bangladesh Bank told scheduled banks to keep savings certificate services running smoothly after customer complaints. Supervision spotlight: The World Bank approved $450m for Bangladesh banking-sector reforms, including deposit protection and emergency liquidity support. Mortgage stress: Israel’s state comptroller warned the mortgage market is at high risk, citing rising high-risk loan shares and heavier borrower burdens. Payments & fraud: UK watchdog Which? flagged a “cancelled card” loophole where replacement card details can keep fueling fraud via automatic billing updaters. Crypto custody: South Korea’s police agency is outsourcing custody of seized Bitcoins in a new multi-bid race. Market pulse: India’s Sensex and Nifty rebounded sharply, led by banks and IT as crude oil eased and rate-hike worries cooled.
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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