AGP Executive Report
Last update: 2 hours agoFed & Bank Oversight: The US Fed is considering reindexing the asset thresholds that trigger tougher bank stress tests and supervision, potentially lifting the $100B and $700B triggers to about $150B and $1T to reduce costly compliance burdens and spur consolidation. Stablecoins Regulation: The Fed proposed rules under the GENIUS Act for authorized stablecoin issuers, setting supervisory standards for banks seeking permission to issue stablecoins. Stablecoin Counterparty Risk: Tether said its EQIBank exposure is under 0.034% of total assets after a US seizure tied to the offshore lender raised liquidation fears. Bank Strike Fallout (India): India’s bank unions plan a three-day strike (Sept 28–30); the Finance Ministry says the government never agreed to a five-day banking week, while nationalised banks waived ATM charges and said services will keep running. UPI MDR Consumer Protection: India’s government sources say banks will monitor merchants so UPI MDR costs aren’t passed to consumers. Crypto Market Pulse: Bitcoin held near $84K as ETF flows turned positive for 2026 after earlier deficits, while altcoins rallied. Payments & Security: Circle and Tether froze stablecoins tied to the Bitget hack, though only a small amount appeared immediately stuck. Corporate Banking News: SB Financial Group set its Q3 2026 results call for Oct 22.
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.