Weekly: Tether increases its Bitcoin reserves, Turkey tightens control over cryptocurrencies, Durov and Musk make loud statements about BTC

Tether buys 8,888 BTC

The USDT stablecoin issuer has purchased 8,888 bitcoins worth approximately $1 billion. The transaction took place on September 30, 2025, bringing Tether’s total bitcoin holdings to 86,000 BTC. This move strengthens the company’s position as one of the world’s largest corporate holders of BTC and highlights its commitment to diversifying reserves beyond traditional currencies.

Turkey expands powers of financial regulator

According to local media, the Financial Crimes Investigation Agency (MASAK) will receive new powers in the area of cryptoasset oversight.
 The regulator will be able to:

• freeze accounts in banks, payment services, and crypto platforms;
• set transaction limits;
• block mobile banking;
• add suspicious crypto addresses to a blacklist.
   

The initiative aims to strengthen efforts against money laundering and terrorist financing through digital assets.

Telegram Wallet to launch tokenized U.S. stock trading

The Telegram-integrated crypto wallet, Wallet, has announced a new feature — the ability to buy tokenized shares of U.S. companies and ETFs.
 The launch is scheduled for October 2025. Users will be able to buy, store, and trade these tokens directly within Telegram.
 Experts believe this could be one of the biggest steps toward the mass tokenization of the stock market.

Elon Musk becomes first person in history worth $500 billion

According to Forbes, on October 1, Elon Musk’s net worth surpassed $500 billion — a historic milestone.

The main driver of growth was Tesla, whose stock price surged sharply.
 Musk is now not only the richest person in the world but also the first potential trillionaire — if current growth trends continue.

Digital gold at $1 million — becoming reality

Telegram founder Pavel Durov revealed that he bought “thousands of bitcoins” at around $700 each and that this investment allows him to maintain his lifestyle, as Telegram itself does not generate profit.
 He called bitcoin “the most reliable financial instrument” and predicted it could reach $1 million per coin in the coming years.

Kursoff’s View

This week revealed a clear trend — the normalization of crypto within the global financial ecosystem.

The market is entering a stage where cryptocurrency is no longer an alternative — but an integral part of the system.