According to the source, Bloomberg ETF analyst Eric Balchunas said the odds are really 100% now for crypto ETFs approval with the new generic listing standards; source: Eric Balchunas via X on Sep 30, 2025. Separately, the SEC told ETF issuers to withdraw 19b-4s as new generic standards make them unnecessary; source: Eleanor Terrett of Fox Business via X on Sep 30, 2025. The SEC staff issued a no-action letter to DoubleZero stating that, based on the facts presented, the 2Z token did not require registration as equity securities and that programmatic flows were not securities transactions; source: SEC Division of Corporation Finance no-action staff letter. Massachusetts scheduled an Oct. 7 hearing to consider a Bitcoin strategic reserve bill; source: Massachusetts Legislature hearing docket. Polkadot Hub is reviewing the introduction of native pUSD via the Honzon Protocol; source: Polkadot Hub governance communications. Kazakhstan launched the state-backed Alem Crypto Fund in partnership with Binance Kazakhstan and began with an investment in BNB; source: Government of Kazakhstan announcement and Binance Kazakhstan. Binance introduced a crypto-as-a-service solution for banks, brokerages, and exchanges, with first adopters starting Sept. 30; source: Binance corporate announcement.

According to the source, the claim that Kazakhstan launched a state-backed Alem Crypto Fund in partnership with Binance Kazakhstan and initiated an investment in BNB cannot be verified here, as no official government, regulator, or corporate press release was provided with the content you shared (source: user-provided post). To make trading decisions, obtain and verify an official announcement from the Government of Kazakhstan, the Astana International Financial Centre or AFSA, the National Bank of Kazakhstan, or Binance Kazakhstan, including details on fund size, mandate, eligible assets, and custody arrangements (source: verification requirement). Until an authoritative filing or press release is confirmed, initiating directional positions in BNB or related assets based solely on this claim is not advisable (source: verification requirement).