KLEA Crypto Daily: Wednesday, September 30, 2026

Published: October 1, 2026 – 00:11 UTC

Key stories from September 30, 2026.

Swiss National Bank Raises Concerns Over Stablecoins' Impact on Monetary Policy

The Swiss National Bank has voiced significant worries about how large stablecoins could disrupt traditional monetary policy mechanisms. This concern highlights the potential challenges central banks face in managing economic stability as cryptocurrencies gain traction outside established financial systems.

U.S. Treasury Department Sanctions Tren de Aragua ATM Network and Identifies Tron Addresses

The U.S. Treasury's sanctions on the Tren de Aragua ATM network, linked to money laundering activities, underscore the government's commitment to combating the illicit use of cryptocurrencies. This action, which includes identifying Tron addresses associated with criminal organizations, reflects ongoing regulatory efforts to address financial crimes in the crypto space.

Senate Republicans Officially Introduce New Crypto Tax Bill

The newly introduced crypto tax bill aims to establish clearer tax rules for digital assets, addressing critical issues such as crypto transactions, staking, and mining. This legislative move could significantly impact the regulatory landscape for cryptocurrencies in the U.S.

Lloyds and Visa Complete $750,000 USDC Settlement Pilot

Lloyds Banking Group and Visa successfully concluded a pilot that settled $750,000 in payment obligations using USDC, demonstrating the potential for stablecoins in cross-border transactions. The pilot's success highlights the growing interest in utilizing digital currencies for efficient financial operations outside traditional banking hours.

Major Financial Firms Launch Open USD Stablecoin

Open Standard has officially launched Open USD (OUSD), a new stablecoin backed by major financial firms including Visa, Mastercard, and Coinbase, with an initial liquidity of $1 billion. This stablecoin aims to facilitate payments and trading across multiple blockchain networks, marking a significant development in the crypto payments landscape.

FCA Opens Five-Month Authorisation Window for UK Crypto Firms

The UK's Financial Conduct Authority has opened a five-month window for crypto firms to apply for authorization under a new regulatory regime set to begin in October 2027. This move is crucial for companies wishing to continue operating in the UK, as it establishes a framework for compliance in the evolving crypto market.

Bitcoin Price Breaks $85K as Softer U.S. PCE Inflation Eases Rate-Hike Fears

Bitcoin briefly climbed above $85,000 after U.S. core PCE inflation rose less than expected in August, signaling a potential easing of inflationary pressures. This development has contributed to increased investor confidence in Bitcoin and may influence future monetary policy decisions.

US Pension Funds to Sell $33 Billion in Stocks

U.S. pension funds are set to execute a massive $33 billion sell-off in stocks, marking the largest divestment since 2000. This significant move could have widespread implications for market stability and investor sentiment across various sectors.

Coinbase Completes US Derivatives Stack with CFTC Approval

Coinbase has received approval from the Commodity Futures Trading Commission to establish its own derivatives clearinghouse, completing a vertically integrated trading stack in the US. This move allows Coinbase to control a crucial function in the derivatives market, enhancing its competitive position and regulatory compliance.

Bitget Suffers Major Breach, Funds Laundered Through Zcash

Bitget, a cryptocurrency exchange, experienced a significant security breach resulting in the theft of approximately $387.5 million, allegedly involving North Korean hackers. The stolen funds are being laundered through Zcash's privacy features, raising serious concerns about the security of exchanges and the methods used by cybercriminals.

Bitcoin ETFs Stretch $3.1B Inflow Streak as Ether Funds Turn Red

U.S. spot Bitcoin ETFs have recorded significant net inflows of $66.2 million, continuing a strong trend, while Ether ETFs experienced a decline with $2.8 million in outflows. This divergence highlights the shifting investor sentiment and market dynamics between Bitcoin and Ethereum assets.

Source: KLEA News