According to @HenriArslanian, Bhutan is allocating over $1B from its Bitcoin reserves to build a clean-energy crypto economic hub, a sovereign-scale BTC deployment that can reduce exchange float and influence spot liquidity, funding, and basis. Source: @HenriArslanian. He reports the ECB is speeding up digital euro plans, a CBDC catalyst traders watch for potential policy shifts affecting euro stablecoins and tokenized deposits. Source: @HenriArslanian. He says Pakistan is exploring tokenizing $2B in assets, which could expand real-world-asset issuance pipelines and on-chain settlement volumes. Source: @HenriArslanian. He adds data indicate North Korea-linked operations stole over $2B via hacks this year, underscoring smart-contract and bridge security risks that can widen DeFi risk premia and dampen altcoin liquidity during exploit newsflow. Source: @HenriArslanian.