AGP Executive Report
Last update: 8 hours agoCrypto Security in Focus: Seychelles-based Bitget says it detected unauthorised transfers from hot/warm wallets on Sept 24, losing about US$351.6m, and has temporarily suspended customer withdrawals as a security precaution while deposits and trading continue; CEO Gracy Chen says user funds are safe and the loss is covered by Bitget’s User Protection Fund (over US$464m), with investigators pointing to North Korean-linked activity via VPN-linked IP patterns. Regional Investment Sentiment: An eToro survey of UAE retail investors finds optimism rising despite geopolitics, with 82% expecting the UAE stock market to grow over the next 12 months. Seychelles Business & Finance: Baazex, a Seychelles-registered licensed trading platform, announces expansion into Asian markets with a “simplicity and transparency” push for online forex and multi-asset trading. Maritime & Ocean Governance: World Maritime Day prompts renewed debate on whether “blue economy” rhetoric is matched by real policy; separately, the High Seas Treaty’s entry into force raises the question of whether protection will come with funding and enforcement. Tourism Mobility: A WION summit session highlights visa facilitation and mobility as a driver for tourism and business links, with Seychelles’ high commissioner to India among speakers.
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