AGP Executive Report
Last update: 18 minutes agoCrypto Meets Banking: Kraken parent Payward agreed to buy Lithuania-licensed Saldo Bank, a deal that could give the crypto firm an EU banking foothold across five markets. Pending approval and expected to close in 2027, it would enable deposits, lending and euro payments. Markets: European shares edged higher, lifted by ASML’s outlook, even as hotter-than-expected US inflation pushed up rate-hike concerns and weighed on global tech stocks. Banking Risks: Regulators are stepping up scrutiny of AI in finance, including risks to cybersecurity and customers’ access to accounts. Digital Euro: EU negotiations are advancing, with a retail pilot planned for 2027; debate continues over how the project can strengthen Europe’s financial autonomy.
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