AGP Executive Report
Last update: 2 hours agoStablecoin Roadmap: The US and UK unveiled a joint 10-point plan to align parts of their digital asset rules, backing cross-border stablecoins with one-to-one reserves, segregated assets and clearer holder protections if an issuer fails. Crypto Regulation (UK): The UK FCA is bringing in new oversight for BNPL services from July 15, while the UK also moves on digital-asset fraud measures via a whistleblower-reward review and a judiciary training push for AI-enabled fraud and crypto laundering. Revolut UAE Crypto: Revolut received in-principle approval from Dubai’s VARA to offer regulated crypto services in the UAE, paving the way for eligible users to buy, sell and hold via the main app and Revolut X. High Court Disclosure Fight: A High Court judge ordered an Irish fintech (QPQ Ltd) to disclose its litigation funding to determine whether the case is unlawfully champertous. Captive Insurance Push: UK captive insurance consultations are broadly welcomed, but firms want clarity on international employee benefits and re-domiciliation. ClearScore Results: ClearScore reported record 2025 results, with profitability up and 25m+ users globally, plus continued AI and marketplace expansion. Trade & Sanctions: The UK is working toward banning imports and exports tied to “illegal” Israeli settlements, including services, not just goods. Macro/Markets: European stocks were mixed as oil slipped and investors weighed Middle East tensions and China growth concerns. OECD Pensions Warning: The OECD urged the UK to ditch the triple-lock pledge, warning it raises fiscal risks.
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.