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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 0 months ago
👀 Cynthia Lummis just told the Senate the Clarity Act's promise is simple: "₿uild here. Stay here. Grow here." Prediction markets are betting against her. The odds of the Clarity Act passing this year keep falling. A Senate staffer admitted this week: "I don't see how there could be anything by July 4." Plus, Democrats want new ethics language tied to the Trump family's #crypto profits. Meanwhile in Europe, the real #MiCA story isn't Binance. Out of 3,000+ firms that used to operate across the EU, only ~200 have a licence before July 1. Hundreds of thousands of users could lose exchange access within days. Tomorrow's newsletter breaks down both fights: expert analysis, strong opinions, every law & policy event to watch next week, and the 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.
 Drop a 🫡 if you're opening it tomorrow.
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The_Bitcoin_Act 1 month ago
💥 Strategy just got hit with a securities investigation. $MSTR, $STRC, $STRK, $STRF, $STRD — all of it under Rosen Law's radar. Everyone's calling it ambulance chasing. As a lawyer and Bitcoin maxi, I think they're wrong. 👉 Every Thursday I publish a build in public post about The Bitcoin Act. But I had to talk about this news. $STRC — Saylor's preferred stock — just crashed 19% BELOW its $100 par value. And that triggers a brutal contract clause: Every time it falls below $95 → dividend rate auto-ratchets UP +0.5%. Strategy is paying more to borrow. In a bear market. While BTC bleeds. Now Rosen Law is asking: 👀 Did Strategy give investors "materially misleading business information"? As a lawyer, 2 things I'm watching: 1. Did the prospectus disclose how brutal this ratchet gets in a real bear? 2. Were preferred investors ever told the "never sell" narrative could silently break? #Bitcoin survives this. Obviously. But this is a precedent-setting moment for every corporate Bitcoin treasury that comes after Saylor. Ambulance chasing or the beginning of a real legal reckoning? ⁉️ Drop your take 👇
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The_Bitcoin_Act 1 month ago
🧵 Legal thread of the week: Congress just banned the Fed’s digital dollar until 2031 The House just passed a housing bill 358-32 that also bars the Federal Reserve from issuing a #CBDC until December 31, 2030. 👇 🏛️ The Senate cleared the same package days earlier with overwhelming support. The bill now sits on President Trump’s desk. 👀 Title XI of the 21st Century ROAD to Housing Act prohibits the #Fed from issuing or creating a CBDC, or any digital asset “substantially similar” to one, without a separate act of Congress. 😡 A central bank digital currency would be government-issued digital dollars under direct central bank control. This law treats any such instrument the same as new paper currency: it requires explicit legislative approval. 🏛️ The core of the bill focuses on housing supply. It cuts red tape on construction, modernizes federal programs, and restricts large institutional investors from buying up single-family homes. The CBDC provision aligns with the current administration’s position. Treasury Secretary Scott Bessent has stated that central bank digital currencies are “off the table.” Congress has now required its own approval before the Federal Reserve can create anything resembling a programmable digital dollar. That line matters. Bitcoin maxi? 💥 Subscribe to The Bitcoin Act →
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 1 month 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 1 month 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
Subscribe | The Bitcoin Act
The first Bitcoin newsletter that rewards you with sats while you learn about regulation, sovereignty, and legal developments.
 Drop a 🔥 if you’re opening it tomorrow.
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The_Bitcoin_Act 1 month 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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