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ICYMI: Asia & EMEA news recap from James Hunt The Block ๐Ÿ‘‡

๐Ÿ‘€ Covenant AI exits Bittensor
Covenant AI left Bittensor, citing punitive actions by a co-founder.
๐Ÿ”— Link

๐Ÿ™…โ€โ™‚๏ธ Steeves denies claims
Jacob Steeves rejected allegations and said he cannot suspend subnet emissions.
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๐Ÿง WLFI addresses liquidation concerns
World Liberty Financial pushed back on risks tied to its Dolomite activity.
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๐Ÿ‡ฏ๐Ÿ‡ต Japan crypto reclassification bill
Japan approved a bill to treat crypto assets as financial products.
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๐Ÿš€ Bitget launches IPO Prime
Bitget introduced a pre-IPO tokenized allocation platform starting with SpaceX-linked exposure.
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๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong issues stablecoin licenses
HKMA granted licenses to HSBC and Anchorpoint Financial.
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๐Ÿ“„ Bitcoin quantum protection research
A StarkWare researcher proposed a method to secure BTC without a soft fork.
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โœ‚๏ธ TD Cowen updates coverage
Strategy price target cut while multiple crypto firms received buy ratings.
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๐Ÿ—ฃ Armstrong backs Clarity Act
Coinbase CEO urged lawmakers to pass the bill.
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๐Ÿ“ˆ Bitcoin faces inflation test
Analysts warn macro pressures could challenge the recent rebound.
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๐Ÿ‡ง๐Ÿ‡น Bhutan BTC outflows continue
Bhutan moved another $18M in bitcoin as holdings decline.
๐Ÿ”— Link