The UK Lands a Guilty Plea for Massive Crypto Fraud, Kazakhstan Launches a Yuan-Backed Stablecoin, and Türkiye and Poland Lower the Boom on Crypto Money Laundering | September 30, 2025
Description
A UK crypto fraud case ends in a historic guilty plea (1:22 ), Kazakhstan launches a yuan-pegged stablecoin and a sovereign crypto fund (2:54 ), Turkey clamps down on digital assets with FATF-aligned rules (4:59 ), and Poland ignites backlash with what critics call the EU’s harshest crypto law (6:55 ).
This is your essential update on the forces shaping what’s next in money.
More on stories and articles discussed or referenced in this episode:
“Bill No. 1424: Government Draft Bill on the Crypto-Asset Market.” The Sejm, Poland, 26 September 2025, https://www.sejm.gov.pl/sejm10.nsf/PrzebiegProc.xsp?nr=1424.
Hassan, Anas. “Turkey to Give Authorities Power to Freeze Crypto Accounts in New AML Rules.” Crypto News, 29 September 2025, https://cryptonews.com/news/turkey-to-give-authorities-power-to-freeze-crypto-accounts-in-new-aml-rules/.
“Kazakhstan Launches Its First Crypto Reserve - Alem Crypto Fund - For Long-Term Investment in Digital Assets.” Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, 29 September 2025, https://www.gov.kz/memleket/entities/maidd/press/news/details/1077013?lang=en&utm_.
Kosok, Firat. “Turkey Plans to Let Watchdog Freeze Bank and Crypto Accounts.” Bloomberg News, 29 September 2025, https://news.bloomberglaw.com/crypto/turkey-plans-to-let-watchdog-freeze-bank-and-crypto-accounts.
Milmo, Dan. “Woman Admits UK Bitcoin Fraud Charges After ‘World’s Largest’ Crypto Seizure.” The Guardian, 29 September 2025, https://www.theguardian.com/uk-news/2025/sep/29/zhimin-qian-admits-uk-bitcoin-charges-after-worlds-largest-crypto-seizure.
Partz, Helen. “Poland Advances Strict Crypto Bill, Sparking Public Backlash.” CoinTelegraph, 29 September 2025, https://cointelegraph.com/news/poland-parliament-passes-crypto-bill-criticism.
White, Thomas. “China's Yuan Stablecoin Debut in Kazakhstan Signals Blockchain Ambition.” Reuters, 29 September 2025, https://www.msn.com/en-us/money/markets/china-s-yuan-stablecoin-debut-in-kazakhstan-signals-blockchain-ambition/ar-AA1NvaB0.
The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti.
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