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The Bitcoin Act
TheBitcoinAct@nostrcheck.me
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We cover #Bitcoin & legal news in our free newsletter 📰, this is where The Bitcoin Act community shares memes, takes & drops on Nostr 😎 Stay sovereign 🚀
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The_Bitcoin_Act 1 week ago
🇰🇷 South Korea just moved its #CBDC out of the lab and into real life: deposit tokens now embedded directly inside commercial banks for payments, settlements, and government subsidies. Meanwhile, the U.S. is moving in the exact opposite direction: the Trump administration and Congress are actively working to kill any American CBDC before it starts. Two of the world's largest economies. Two completely opposing monetary visions. Tomorrow's newsletter breaks down what that tension actually means. We're also covering every major U.S. and global Bitcoin legal development from this week, not just the headlines, but the real consequences for people and businesses operating in this space. Plus: what prediction markets are currently pricing in on the future of #Bitcoin regulation. 🌐 But the centerpiece of tomorrow's issue is the Sovereignty Question of the Week, and this one is personal. I spent years inside the legal department of a major bank. I saw firsthand how account freezing actually works: who decides, on what grounds, and how much power banks truly hold over your money. This week I'm sharing what I witnessed from the inside. If you care about where this is all heading, legally, politically, financially, tomorrow's issue is not one to miss. ⚡ Subscribe now so it lands in your inbox first thing tomorrow. Link in bio.
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The_Bitcoin_Act 2 weeks ago
🚨 Illinois just became the FIRST U.S. state to tax Bitcoin transactions at 0.2%. Governor JB Pritzker signed it into law June 16 as part of the $55.9B budget. The tax hits every exchange, transfer, and custody activity involving Illinois customers, starting January 1, 2027. Brokers must register, collect the tax, keep records, and file monthly reports. Even out-of-state platforms serving IL users could get hit. Crypto Council for Innovation, a16z Crypto, Digital Chamber, and Illinois Blockchain Association are raging. They call it discriminatory and warn it will drive innovation and capital straight out of the state. This is regulatory creep on #Bitcoin. Government overreach disguised as revenue. Tomorrow’s The Bitcoin Act drops the full breakdown: expert analysis & strong maxi opinions on this tax + other Bitcoin legal developments, the must-watch law & policy events next week, and the big Numbers of the Week. 👉 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 first Bitcoin newsletter that rewards you with sats while you learn about regulation, sovereignty, and legal developments.
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The_Bitcoin_Act 2 weeks ago
Every Sunday and Tuesday I send out what I find: ✅ The laws being written against us. ✅ The loopholes they don't want you to know. ✅ The moves being made while you're distracted. I built this for people who refuse to let governments quietly attack #Bitcoin. But here's the thing: I've been talking. I haven't been listening. So today I'm asking you straight: 🔴 What's missing from the newsletter? 🟡 Which regulatory story do you want me to dig into? 🟢 What made you actually open it on Sunday or Tuesday? Drop it in the comments. No fluff. Be brutal. The best feedback gets built into next week's issues. We're not waiting for governments to get it right. We're building our own way to stay ahead of them. That starts with YOU telling me what you need. 👇 Comment below. 👇 (Not on the list yet? Link in bio)
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The_Bitcoin_Act 2 weeks 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 2 weeks 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
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 2 weeks 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 3 weeks 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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