AGP Executive Report
Last update: 4 hours agoRegulatory Clampdown on Prediction Markets: The U.S. House Oversight Committee, led by James Comer, has launched a formal insider-trading probe into Kalshi and Polymarket, demanding identity and trading records by June 5 and weighing new rules that could bar government employees from participating. Wealth & Hiring Push: Citi says it will anchor a “significant” share of its wealth hiring in Asia as its private bank grows faster there, aiming to lift wealth returns. Middle East Expansion: Cantor received ADGM approval to conduct regulated activities in Abu Dhabi, setting up a regional investment-banking hub. Crypto Policy in Germany: Germany kept its 12-month crypto tax exemption after rejecting a Green Party move to remove it. Deal Flow & Infrastructure: I Squared Capital launched a $1bn India power transmission platform, while MAN Industries bought a Saudi steel-pipe maker for $102m. Payments Innovation: Mastercard and Yellow Card teamed up to pilot stablecoin-enabled payments across Nigeria and EEMEA.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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