AGP Executive Report
Last update: 6 hours agoCalifornia Tech Regulation: Gov. Gavin Newsom signed 13 laws targeting kids’ app and chatbot risks, including “Adam’s Law” crisis protocols for companion AI and a ban on algorithmic feeds/autoplay/infinite scroll for under-16s. Cross-Border Fintech Infrastructure: DBS, OCBC and UOB completed the first live interbank Singapore dollar transactions using tokenised deposits on Swift’s blockchain-based ledger. AI Governance & Tax Fairness: India’s Finance Minister Nirmala Sitharaman urged tech firms to be fair to the jurisdictions where they earn profits, meet local tax duties, and contribute to society. Tokenised Markets: Polymath teamed with High Ridge Trust to bring regulated custody and client-directed trading into tokenised securities. Crypto Enforcement: Tether helped the US DOJ restrain $52M tied to a crypto-linked scam network. Crypto Banking Pivot: Bitcoin Suisse plans to cut up to 60 Swiss jobs as it shifts toward global wealth management. Operational Resilience: RIA Compliance Technology issued guidance on making compliance records exam-ready and easily retrievable. Password Security: New reporting warns AI is accelerating account-takeover by cracking weak passwords at scale. Fintech Investing: Navar Capital launched an AI-driven platform for accredited investors with income and growth funds.
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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