๐ Global & Macro: TSMC Q3 net profit is expected to surge 65% YoY on robust advanced chip demand, while South Korea’s central bank governor said rate policy will primarily track inflation trends, keeping price stability at the core.
๐ฆ RWA & Institutional: 3iQ’s UAE division secured in-principle approval for an Abu Dhabi Category 4 license, advancing regulated digital asset services in the region.
โก Crypto & Markets: The Abu Dhabi approval signals continued institutional-grade infrastructure buildout in the Middle East, reinforcing the UAE’s push to become a compliant digital asset hub.
๐ก Key Takeaway: AI-driven chip demand and inflation-focused central banking frame the macro backdrop, while Abu Dhabi’s licensing momentum underscores the Gulf’s growing role in regulated crypto finance.