We cover #Bitcoin & #legal news in our newsletter 📰, and share updates, polls & the best Bitcoin memes on Primal 😎. Save time, stay informed, laugh a little.
🇷🇺 #Russia criminalizes unregistered #mining. Illegal miners could face up to 5 years in prison as Russia moves from legalization to strict enforcement. ⚖️
🧠 Legal Quiz of the week:
In 2025, which country’s central bank announced it would consider holding up to 5% of its reserves in #Bitcoin and ran a pilot purchase? 🤔💸
A) Czech Republic 🇨🇿
B) Poland 🇵🇱
C) Hungary 🇭🇺
D) Slovakia 🇸🇰
🌎 267 #crypto M&A deals were completed in 2025, totaling $8.6 billion, a fourfold increase vs. 2024, driven by #regulatory shifts and institutional confidence.
🟠 #Chainalysis analysts say 2025 proved regulation is shifting from drafting to implementation, exposing frictions in MiCA, stablecoin rules, #tokenization pilots, and AML systems. They think 2026 will focus less on “what rules exist” and more on “who can comply at scale”.
✅ Kevin Wysocki says #Congress has only a coin-flip chance to pass comprehensive legislation in 2026. He believes bipartisan talks matter, yet competing interests over banks, stablecoins, and #DeFi keep consensus fragile before midterms. 🇺🇸
⚡️Legal poll of the week:
What should #Bitcoin be treated as under the law? 👇
🟠 A) Property (like gold)
🟠 B) Legal tender
🟠 C) A new asset class (sui generis)
🟠 D) It shouldn’t be regulated at all
🧵 Thread of the week - Spain’s New #Crypto Rules and What They Mean for Bitcoiners 👇
1/ 🇪🇸 #Spain is pushing a major crypto legal overhaul set for 2026.
The reforms will significantly affect how #Bitcoin and other digital assets are regulated across licensing, compliance, and anonymity standards.
2/ 📜 Two Pillars of the New Regime:
👉 MiCA Licensing Expansion — service providers must meet clearer licensing requirements.
👉 DAC8 Tracking Rules — enhanced reporting requirements for crypto transactions.
3/ 🧑⚖️ Why this matters legally:
Spain’s approach signals that regulators are tightening compliance — even for Bitcoin, which until now has often lived in a somewhat ambiguous legal space.
4/ 🛂 DAC8 Tracking = Less Anonymous Bitcoin Use
Under the new reporting regime, custodial services and intermediaries will need to disclose transaction data — meaning increased KYC/AML scrutiny. This could impact privacy‑focused use cases.
5/ 📈 Licensing: A Double‑Edged Sword
On the one hand, robust licensing brings legal certainty for exchanges and custodians.
On the other, it raises barriers to entry that could squeeze smaller Bitcoin businesses.
6/ 🧩 Legal Liability for Unlicensed Activity
Once these rules take effect, unlicensed operations in Spain could face fines or enforcement actions — even if only facilitating BTC transactions as a neutral service.
7/ ⚖️ What Bitcoiners Should Watch:
✔ Whether Spain treats BTC differently from tokens in regulatory texts.
✔ How DAC8 will apply to decentralized platforms and self‑custody.
✔ What penalties await non‑compliant firms.
8/ 🧠 Big Picture:
Spain’s roadmap reflects a broader global trend — regulators aren’t ignoring Bitcoin anymore; they’re integrating it into mainstream financial law with rules, reporting, and oversight.
9/ 🔔 Bottom Line:
Bitcoin isn’t unregulated anymore — legal clarity is emerging, but it comes with new obligations. For lawyers and BTC businesses alike, Spain is now a jurisdiction to watch.