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The Bitcoin Act
TheBitcoinAct@nostrcheck.me
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The newsletter that breaks down Bitcoin law and regulation twice a week, before it hits you. Written by a legal counsel. ⚡ First opener wins 2,100 sats.
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The_Bitcoin_Act 1 month ago
🧵 Legal thread of the week: Congress is Coming After #Bitcoin ATMs With Strict New Purchase Limits [1/7] FBI data shows more than $333 million lost to Bitcoin ATM scams in 2025. Americans age 60 and older accounted for over 85% of losses in cases where age was known. [2/7] On June 11, Reps. María Elvira Salazar (R-FL) and Sean Casten (D-IL) introduced bipartisan legislation targeting fraud at these machines. It would impose new operator requirements and user protections at the point where cash becomes #Bitcoin. [3/7] The bill proposes these transaction limits: => New customers: $2,000 per day maximum, and no more than $10,000 total in the first 14 days. => Existing customers: $7,500 daily cap. [4/7] Operators would have to run anti-money laundering programs, written policies and checks to detect and stop illegal money movement. They must also conduct customer due diligence, report suspicious activity, and maintain records of every transaction plus current machine locations. [5/7] Before any purchase, users must see clear scam warnings and fraud alerts. Operators must disclose all fees and show the Bitcoin price against prevailing market rates. Refunds of charges would be required for transactions proven to involve #fraud. [6/7] More than 30,000 Bitcoin ATMs sit in gas stations, convenience stores, and malls across the country. Scammers commonly direct victims there after impersonating banks, government agencies, or law enforcement. The bill sets federal standards while preserving states’ power to add stricter consumer rules. [7/7] Daily purchase caps and mandatory warnings at #Bitcoin ATMs: targeted friction against elder scams at the cash-to-Bitcoin step, or an overreach that restricts access for everyone else? 👇 Bitcoin maxi? 💥 Subscribe to The Bitcoin Act →
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The_Bitcoin_Act 1 month ago
🚨 You need to see this before it hits. Congress is going after #crypto ATMs after Americans lost $333M to scams, older Americans were hit the hardest. A bipartisan bill is introducing transaction limits, mandatory scam warnings, record-keeping, and updated kiosk locations. Tomorrow’s newsletter is the one that could save you headaches. I’ll explain what the bill actually means, answer the Legal Sovereign Question of the Week on the best ways to legally buy #Bitcoin with no KYC, deliver global regulatory news, and show prediction market odds on upcoming laws. 👉 Drops in less than 24h 👉 Open early, earn your 21 sats 👉 If you're not subscribed already, fix that now:
The Bitcoin Act
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The Bitcoin Act is the first newsletter covering Bitcoin regulation, sovereignty, and legal developments — and rewards you with 21 sats every iss...
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The_Bitcoin_Act 1 month ago
⚡️ Issue #54 of The Bitcoin Act newsletter is live! 👀 Dive into sharp opinion & analysis, today's key numbers, and the biggest #Bitcoin law & market moves shaking things up. 👉 For subscribers, don’t forget to check and claim your free sats! 👉 Full issue here: thebitcoinact.xyz
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The_Bitcoin_Act 1 month ago
🔥 0% Capital Gains Tax on #Bitcoin. 0% tax on foreign income. No wealth tax. No inheritance tax. No gift tax. And now? President Bukele just slashed the residency requirement to only 90 days per year. El Salvador just became one of the most attractive Bitcoin tax havens on the planet. This week’s Bitcoin legal news is stacked… and this is only part of it. Tomorrow’s newsletter delivers: ✅ Expert analysis on this week’s biggest Bitcoin legal developments 🔢 The Numbers of the Week: starting with that 0% 🌎 Your complete roundup of every important global Bitcoin regulatory event a serious Bitcoiner needs to watch next week If you want to stay ahead in Bitcoin & the law… this one’s non-negotiable. 👉 Drops in less than 24h 👉 Open early, earn your 21 sats 👉 If you're not subscribed already, fix that now:
The Bitcoin Act
Home | The Bitcoin Act
The Bitcoin Act is the first newsletter covering Bitcoin regulation, sovereignty, and legal developments — and rewards you with 21 sats every iss...
 Drop a 🔥 if you’re opening it tomorrow.
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The_Bitcoin_Act 1 month ago
Last week I dropped something I've been quietly building: 👉 A Global Bitcoin Regulatory Map: 140+ countries, all in one interactive globe. The response blew me away. People loved it. Shoutouts, DMs, reposts: way more than I expected. If you missed it last week and want to see how your country (or any country) treats Bitcoin right now, go check it out: 🌍
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Bitcoin Legal Map | The Bitcoin Act
The first Bitcoin newsletter that rewards you with sats while you learn about regulation, sovereignty, and legal developments.
 More to come. 🔨
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The_Bitcoin_Act 1 month ago
🧵 Legal thread of the week: Bitcoin taxes: Republicans drop 7 bills, Democrats say slow down [1/7] House Ways and Means held its first legislative hearing in years on Bitcoin taxation. Republicans arrived with seven bills ready. [2/7] Those seven Republican-led bills target real friction points in how #Bitcoin is taxed today. • Tax limits on smaller Bitcoin transactions • Deferred taxation for Bitcoin mining rewards until you sell them • Wash sale rules extended to Bitcoin — meaning you cannot claim a loss if you repurchase similar Bitcoin within 30 days [3/7] None of these bills move on party lines alone. They need bipartisan support to clear committee. Only then could they hitch a ride on a reconciliation package — which passes with a simple majority but carries strict content rules. [4/7] Ranking Democrat Richard Neal called the proposals “sensible” overall. He also flagged that some provisions deviate substantially from general tax principles. His larger point: this is novel territory. Caution is warranted. [5/7] Rep. John Larson, D-Connecticut, captured the tension directly. He sees urgency around Bitcoin tax rules. But he asked aloud whether Congress is acting too quickly, when far more questions remain than answers. [6/7] Midterms hit in November. Lawmaker attention is already drifting to campaigns. #Bitcoin tax legislation now competes with government funding and the annual defense bill, the clock is real. [7/7] The split is no longer about whether Bitcoin deserves tax rules. It’s whether those rules should copy traditional tax code line-for-line, or actually reflect how Bitcoin works. Which side wins? 🏛️ In today’s world, knowing #Bitcoin law isn’t optional, it’s essential for staying free and safe. 💥 Subscribe to my weekly newsletter and get the sharpest breakdowns delivered straight to you:
The Bitcoin Act
Home | The Bitcoin Act
The Bitcoin Act is the first newsletter covering Bitcoin regulation, sovereignty, and legal developments — and rewards you with 21 sats every iss...
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The_Bitcoin_Act 1 month ago
💥 BITCOIN REGULATION JUST HIT ESCALATION MODE. Over 200 crypto companies, startups, trade groups, and grassroots organizations just sent a joint letter to Senate leadership demanding an immediate full floor vote on the CLARITY Act. Clear rules for digital assets. Stronger consumer protections. Bitcoin innovation stays in America. It already passed committee with bipartisan support. This is the moment it actually becomes law. Tomorrow’s newsletter connects it all with zero fluff: ✅ The sovereign question of the week: answered ✅ Every major U.S. #Bitcoin & legal development this week and exactly how it hits you ✅ Live prediction-market odds on the biggest Bitcoin legal events ✅ Critical worldwide Bitcoin regulatory moves you need to know Regulation is accelerating. Don’t get left behind. 👉 Drops in less than 24h 👉 Open early, earn your 21 sats 👉 If you're not subscribed already, fix that now: thebitcoinact.xyz Got a specific news you want covered? Reply & tell me.
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