WAO ART #337

There are two key things to watch in Australia. First, the country's inflation rate has slowed faster than expected, which is good news for Aussies concerned about rate hikes. Second, the unemployment rate will provide insights into the health of the job market, with a small rise expected.

Argentine President Javier Milei has stated that he will not oppose the creation of local currencies by provincial administrations. He believes that the market will determine the value of these currencies, but warns that they may lead to inflation and people being taken advantage of.

The European Union (EU) is set to introduce new regulations that will outlaw and restrict certain features in the crypto industry. These changes include a ban on privacy coins, restrictions on self-custody wallet payments, and increased tracking of crypto transfers.

Tesla's stock fell about 2% in premarket trading after CEO Elon Musk expressed discomfort with expanding the company's role in AI and robotics without securing a minimum of 25% voting control. Musk currently holds approximately 13% of Tesla's stock.

The Nigerian naira has fallen to over N1,300/$ on the Peer-to-Peer cryptocurrency window and the Binance platform, according to traders on the parallel market. Bureau de Change operators have confirmed the increased value, attributing it to higher demand.

Manta Pacific, an Ethereum layer-two solution, has become the fourth largest with $840 million in total value locked (TVL). This surge may be due to a bridging feature introduced last month, offering 4-5% yields for USDC deposits.

Binance has launched its crypto exchange services in Thailand through its joint venture with Gulf Innova. The platform, called Binance TH, allows Thai users to trade cryptocurrencies using local currency pairings. The launch comes after securing the necessary licenses from Thailand's Ministry of Finance.