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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 yesterday
👀 I got tired of watching Bitcoiners google “is Bitcoin legal in my country” and land on 3-year-old blog posts. So we built the answer ourselves. Interactive map. Every country. One click. 🌍⚡ Link in comment 👇 #Bitcoin
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The_Bitcoin_Act 2 days ago
🧵 Legal thread of the week: ASIC Warns Gen Z: Crypto Scams Are Hiding in Your WhatsApp “Share Trading” Groups #ASIC just warned: scammers are using social media “share trading” ads to pull Gen Z into messaging app groups — then straight onto fake digital asset platforms. 72% of 18-28 year olds have seen the ads. 41% have been contacted about investing in crypto. The pattern is identical every time. You click the ad. You join the WhatsApp group. Scammers impersonate known figures with “hot tips.” They send you to a fake platform that shows real-looking #trades and profits. There is no trading. Deposits go straight to the scammers’ bank accounts. When you try to withdraw, they charge extra “fees”, then the money is gone. The same groups now run recovery scams on pump-and-dump victims too. Gen Z is the target because they’re online and active. Survey of 1,127 Australians aged 18-28: • 23% own digital assets • 66% of owners trade short-term and speculatively • 29% base trades on social media influencers ASIC’s three practical steps: Don’t act on investment advice from social media or messaging groups. Before sending money, check the platform on AUSTRAC’s register of legitimate virtual asset service providers. If it feels wrong, contact your bank and the authorities immediately. This alert lands two months after Parliament passed the Corporations Amendment (#Digital Assets Framework) Bill 2025. Royal Assent: 8 April. Digital asset platforms and custodians must now hold an Australian Financial Services License, same as every other regulated financial firm. 12 months to comply. The #law puts fake platforms on notice. Until enforcement is complete, the only real defense is still the oldest one: verify first, then send a cent. 🏛️ 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
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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 4 days ago
💥 The EU just moved one step closer to a digital euro. 👀 A programmable, trackable, government-controlled currency. In your pocket. By 2029. If you think this doesn't concern you as a Bitcoiner, you're wrong. Tomorrow I cover exactly what's happening, why it's moving faster than most people realize, and what it concretely means for anyone who values self-custody and financial sovereignty. Plus all the essential US legal and regulatory news from this week: what actually impacts you, not just the headlines. And the Sovereignty Move of the Week: one real legal question from a reader, answered concretely. 👉 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...
 Got a specific news you want covered? Reply & tell me.
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The_Bitcoin_Act 5 days ago
🏛️ This week was packed on the #Bitcoin legal front! Jamie Dimon just declared war on the #Clarity Act. The White House fired back. The CFTC just permitted the first Bitcoin perpetual contract on a regulated US exchange. And the US grabbed $1B in Iranian wallets. Tomorrow I go through every single one of these stories with what lawyers, lawmakers, policy experts and industry insiders actually think about it. Not headlines. Opinions. Analysis. Stakes. Plus: 📊 Numbers of the week 📅 Every legal & regulatory Bitcoin event to watch next week 👉 Drops in 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...
 👀 Got a specific news you want covered? Reply & tell me. 👇
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The_Bitcoin_Act 1 week ago
🧵 We just crossed 25,000 sats sent to readers of The Bitcoin Act through Lightning ⚡ Not sold. Not farmed. Not VC-funded “engagement”. Just sats sent directly to real Bitcoiners for opening and reading the newsletter early. And honestly… this is exactly the kind of internet I hoped Bitcoin would create. 2/ Every issue, early openers earn sats ⚡ Read first → earn Bitcoin. Simple. No tokens. No points. No fake gamification. Just Lightning working the way it was meant to work. 3/ The coolest part? People from completely different countries are now: • learning about Bitcoin law • earning sats • using Lightning • and interacting economically in real time through a newsletter. That still blows my mind. 4/ Most newsletters want your attention. I wanted to build one that actually gives something back. So instead of: “consume content” it became: “earn and learn.” 5/ We’ve now sent 25,000+ sats directly into the hands of readers ⚡ Tiny payments. Instant settlement. Global. No permission needed. This is the future Bitcoiners were talking about all along. 6/ And the crazy thing is… most people STILL haven’t experienced receiving sats over Lightning. The moment it clicks, you understand Bitcoin differently. It stops feeling theoretical. 7/ This is exactly why I built The Bitcoin Act. Twice-weekly Bitcoin legal intelligence + sats for early readers. No noise. No influencer garbage. Just signal ⚡ 8/ If you’re already subscribed: thank you for helping make this little Lightning economy real. If you want to join us: reply ⚡ and I’ll send you the subscription link in DM.
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The_Bitcoin_Act 1 week ago
🧵 Legal thread of the week: They fired every regulator who said no 👇 [1/7] A senior #CFTC official sent staff a pre-written memo recommending approval of a firm's application. Standard practice: staff write recommendations for commissioners. She wrote her own. She is now general counsel of that same firm. [2/7] Three firms sat at the center of the NYT investigation. #Polymarket, invested in by a firm partly owned by Donald Trump Jr., who also advises it. Cryptocom, exclusive partner of Trump Media & Technology Group. Gemini Titan, founders back American Bitcoin, co-founded by Eric Trump. Each needed CFTC sign-off. Each got it. Staff who objected were placed on leave. [3/7] The enforcement numbers tell the rest. Biden CFTC: 80+ cases involving digital asset firms. Trump's second term so far: 2. Both against individual operators. Zero against prediction-market platforms. Zero against the firms whose applications were fast-tracked. [4/7] The revolving door, documented: Caroline Pham, then-acting Chair, pushed approvals through over staff objections. Now at MoonPay, which holds an exclusive partnership with Polymarket. Brigitte Weyls, senior counsel, wrote Gemini Titan's approval memo herself. Now its general counsel. This isn't a scandal. It's a business model. [5/7] Congress is now moving the #CLARITY Act, a bill that would hand the CFTC sweeping new authority over spot commodity markets. Senate Banking Committee advanced it 15-9 earlier this month. Expanding jurisdiction to an agency this structurally exposed is not oversight reform. It's a larger attack surface for the next political cycle. [6/7] The real lesson isn't about Trump. When regulators control market access, political incentives will always, eventually, control regulators. Permission systems don't fail because of bad actors. They fail because the incentive to capture them is always greater than the incentive to defend them. Bitcoin doesn't petition the CFTC to settle a transaction. That's not a coincidence. [7/7] The CLARITY Act passed the House. The Senate is moving. If it passes with the CFTC in its current state, the question isn't whether the agency gets captured again. It's which administration does the capturing, and which industries brought the checkbook. 🏛️ 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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