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A news desk for bitcoiners by bitcoiners without ads, paywalls, or clickbait.
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No Bullshit Bitcoin 11 months ago
White House issues an executive order to bolster federal cybersecurity - US President Joe Biden has signed a comprehensive cybersecurity directive aimed at enhancing the government's monitoring of networks, procurement of software, utilization of artificial intelligence (AI), and penalties for foreign hackers. - This 40-page executive order is the Biden administration's last push to leverage AI for security, introduce digital identities for US citizens, and address vulnerabilities that have allowed foreign actors to infiltrate US government systems. - It is unclear if President-elect Donald Trump will maintain these cybersecurity initiatives after taking office on Monday. https://www.whitehouse.gov/briefing-room/presidential-actions/2025/01/16/executive-order-on-strengthening-and-promoting-innovation-in-the-nations-cybersecurity/
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No Bullshit Bitcoin 11 months ago
Trump Plans to Designate Cryptocurrency as a National Priority - Bloomberg President-elect Donald Trump is reportedly preparing to issue an executive order to prioritize cryptocurrency as a key policy area and include industry experts in his administration. The executive order is expected to designate 'crypto' as a national priority, directing government agencies to collaborate with the industry. Additionally, it will establish a crypto advisory council to promote the industry's policy goals. These details come from sources familiar with the plans who on the condition of anonymity. Source: https://archive.is/CvMUF
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No Bullshit Bitcoin 11 months ago
Block Inc fined $80 million for insufficient money laundering controls Block Inc will pay an $80 million fine to 48 state financial regulators for inadequate anti-money laundering protocols in Cash App. As part of the settlement, Block Inc will hire an independent consultant to review and report on its Bank Secrecy Act and anti-money laundering program. Additionally, the company has agreed to implement corrective actions internally, as announced by the Conference of State Bank Supervisors. https://www.reuters.com/technology/state-regulators-fine-block-inc-80-million-anti-money-laundering-violations-2025-01-15/
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No Bullshit Bitcoin 11 months ago
🇿🇦 South African arrested for transferring $606 in BTC to an alleged terrorist-linked organization in 2017 According to the Hawks, a branch of the South African Police Service, the defendant was apprehended on January 3, 2025, after a multi-year investigation. During his bail hearing on January 10, 2025, he stated his intention to plead not guilty, asserting that the case against him had been exaggerated. Source:
BitKE
REGULATION | South African Man Arrested on Allegations of Financing Terrorism Using Bitcoin
Reporting on Fintech, Crypto, and Blockchain Activity in Africa
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No Bullshit Bitcoin 11 months ago
Bitcoin Safe v1.0: Secure Bitcoin Storage Made Easy "Bitcoin Safe 1.0.0 is out with a fully packed feature list," announced @Andreas Griffin. Bitcoin Safe is a Bitcoin savings wallet built with Bitcoin Development Kit (BDK). It aims to simplify singlesig and multisig wallet management for non-technical users while retaining some power user features through an intuitive and attractive user interface.
No Bullshit Bitcoin
Bitcoin Safe v1.0: Secure Bitcoin Storage Made Easy
Bitcoin Safe is a free and open-source Bitcoin savings wallet designed for security and ease of use. Available on Windows, macOS, and Linux.
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No Bullshit Bitcoin 11 months ago
🇮🇷 Iran's Central Bank Blocks Payment Gateways to Cryptocurrency Exchanges Amid Currency Crisis "These restrictive and destructive decisions in technology policymaking not only eliminate Iran's limited opportunity for economic growth through new technologies but also drive away the country's most important asset - its capable human capital."
No Bullshit Bitcoin
Iran's Central Bank Blocks Payment Gateways to Cryptocurrency Exchanges Amid Currency Crisis
This move follows the Iranian rial's 37% devaluation against the US dollar in 2024, which led many Iranians to seek digital assets like bitcoin.
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No Bullshit Bitcoin 11 months ago
New CFPB proposed rulemaking makes no distinction between custodial and self-custody wallets The Consumer Financial Protection Bureau (CFPB) has issued a notice of proposed rulemaking to reinterpret the Electronic Funds Transfer Act (EFTA) to include cryptocurrency activities. However, the proposal does not differentiate between cryptocurrency services offered by trusted intermediaries, which could be subject to consumer protection regulations, and software tools for self-securing digital assets, which are considered protected speech and should not be subject to regulatory permissions, writes Coin Center. Source:
Coin Center
New CFPB rulemaking makes no distinction between custodial and self-custody wallets
They are completely different products with different risks and covering self-custody is beyond statutory authority and unconstitutional.
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No Bullshit Bitcoin 11 months ago
Operators of Blender and Sinbad Custodial Bitcoin Mixers Arrested and Charged with Money Laundering "This indictment demonstrates our continued commitment to dismantling infrastructure used by cybercriminals to steal from Americans and hide their ill-gotten gains."
No Bullshit Bitcoin
Operators of Blender and Sinbad Custodial Bitcoin Mixers Arrested and Charged with Money Laundering
The U.S. Department of Justice (DOJ) has indicted Russian citizens Roman Ostapenko, Alexander Oleynik, and Anton Tarasov, charging them with money ...
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No Bullshit Bitcoin 11 months ago
🇰🇪 Kenya is preparing to legalize cryptocurrencies, according to Treasury Cabinet Secretary John Mbadi, indicating a shift in government stance. Although cryptocurrencies have been banned in the country, widespread public use has persisted underground, circumventing the restrictions. "The Government of Kenya is committed to creating the necessary legal and regulatory framework in order to leverage opportunities presented by VAs and VASPs while managing the resultant risks," Mbadi said.
The Standard
Kenya to legalise cryptocurrencies, says Treasury Cabinet Secretary
Kenya is preparing legislation to legalice cryptocurrencies, the Treasury Cabinet Secretary John Mbadi, said on Friday, marking a significant shift...
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No Bullshit Bitcoin 11 months ago
Operators of custodial bitcoin mixers Blender.io and Sinbad.io arrested and charged with money laundering “By allegedly operating these mixers, the defendants made it easier for state-sponsored hacking groups and other cybercriminals to profit from offenses that jeopardized both public safety and national security. The indictment and arrests announced today, which follow the earlier takedown of the defendants’ criminal infrastructure, yet again demonstrate the value of our international partnerships in countering the global threat from cybercrime.”
 
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