ICYMI: Asia & EMEA news recap from James Hunt The Block 👇

👀 Covenant AI exits Bittensor
Covenant AI left Bittensor, citing punitive actions by a co-founder.
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🙅‍♂️ Steeves denies claims
Jacob Steeves rejected allegations and said he cannot suspend subnet emissions.
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🧐 WLFI addresses liquidation concerns
World Liberty Financial pushed back on risks tied to its Dolomite activity.
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🇯🇵 Japan crypto reclassification bill
Japan approved a bill to treat crypto assets as financial products.
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🚀 Bitget launches IPO Prime
Bitget introduced a pre-IPO tokenized allocation platform starting with SpaceX-linked exposure.
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🇭🇰 Hong Kong issues stablecoin licenses
HKMA granted licenses to HSBC and Anchorpoint Financial.
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📄 Bitcoin quantum protection research
A StarkWare researcher proposed a method to secure BTC without a soft fork.
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✂️ TD Cowen updates coverage
Strategy price target cut while multiple crypto firms received buy ratings.
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🗣 Armstrong backs Clarity Act
Coinbase CEO urged lawmakers to pass the bill.
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📈 Bitcoin faces inflation test
Analysts warn macro pressures could challenge the recent rebound.
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🇧🇹 Bhutan BTC outflows continue
Bhutan moved another $18M in bitcoin as holdings decline.
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