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This Chart Is Screaming Supply Shock Incoming
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Argentina to Open Banks for Crypto by 2026 The Central Bank of Argentina is planning to allow banks to offer crypto services, with rules expected to take effect by April 2026. Crypto adoption in Argentina has surged amid high inflation and economic uncertainty, with $BTC becoming a popular store of value.
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JUST IN: Abu Dhabi’s ADGM has officially approved Tether’s USD₮ for regulated use across multiple blockchains, including TON, TRON, Polkadot, and Near. This move expands USD₮’s reach in the regulated crypto ecosystem and strengthens its role in cross-chain payments.
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JUST IN: Singapore’s Monetary Authority (MAS) has expanded Ripple’s MPI license, enabling full cross-border payments and officially regulating XRP and RLUSD services. This move positions Ripple for broader growth in Asia’s regulated payments market and highlights MAS’s commitment to fostering innovation in digital assets.
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UPDATE: The US Bureau of Labor Statistics announced that it will not release the PPI data for October. Markets will now have to rely on other inflation indicators while waiting for the next release, adding a layer of uncertainty for traders and analysts tracking price trends. Investors will likely be watching alternative data points and market signals closely in the meantime.
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