Daily Digital Money Update Summary (2025-09-30)

1. Qian Zhimin was convicted in the UK for involvement in a Bitcoin fraud case, with an amount involved of approximately 7.4 billion USD.

2. Federal Reserve's Musalem: It is expected that the Office of the Comptroller of the Currency will regulate non-bank stablecoin issuers.

3. Federal Reserve Governor Waller: Stablecoins should be included in regulatory protection and increase payment options.

4. U.S. CFTC Acting Chairman: The "turf war" with the SEC is over, and the agencies are seeking to collaborate in the cryptocurrency space.

5. Wisconsin, USA proposes the "Bitcoin Power" bill AB471.

6. U.S. Immigration and Customs Enforcement raided a Bitcoin mining facility in Texas, taking away several employees from the site.

7. The head of the New York Department of Financial Services calls for the establishment of a cryptocurrency passport mechanism with the UK.

8. Turkey plans to allow regulators to freeze bank and cryptocurrency accounts.

9. Bloomberg: BlackRock's IBIT has surpassed Deribit to become the world's largest Bitcoin options trading venue.

10. Ethereum treasury company Bit Digital intends to raise $100 million by issuing convertible bonds.

11. FalconX launches an over-the-counter crypto options electronic trading platform, supporting BTC, ETH, SOL, HYPE.

12. The Polish lower house passed a strict encryption bill: introducing a licensing system and a maximum fine of approximately $2.8 million.

13. Revolut is considering a dual listing in London and New York, with a valuation of $75 billion.

14. Qatar National Bank uses JPMorgan's blockchain platform Kinexys for USD payments.