Every Thursday I show you what's new at The Bitcoin Act. This week: I turned 2 years of Bitcoin law into 6 field manuals, the playbooks I wish existed when I started self-custodying.
✅ The FinCEN Dossier: exactly what surveillance law collects on your Bitcoin, and who actually has to file what.
✅ The Legal Privacy Stack: the real line between privacy and crime under the BSA.
✅ The Bitcoin Inheritance Protocol: pass your stack to your heirs without probate or a forgotten seed phrase.
✅ Plus Self-Custody, Tax, and IRS Audit manuals.
Written by a legal counsel. No fluff. Instant access.
Which one do you need first, Privacy, Tax, or Inheritance? 👇
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.
Thank you @Bittr 🐷💰 for this awesome meme! Don't you think it's true?


💥 A 30% fee to buy Bitcoin from a machine. North Carolina just voted 162–0 to end it.
Some Bitcoin ATMs charge up to 30% per transaction.
North Carolina just passed a law capping it at 12%.
Not one lawmaker voted against it. 113–0 in the House. 49–0 in the Senate.
The bill is on the Governor's desk right now.
HB 920 — the "Virtual Currency Kiosk Consumer Protection Act" — puts kiosk operators under NC's Money Transmitters Act.
Plain English: the companies behind these machines now answer to the Commissioner of Banks, like any other business that moves your money.
Why lawmakers moved:
→ $389M lost to kiosk scams nationwide in 2025 (AARP)
→ 86% of those losses hit people 60 and older
→ 4,300+ fraud complaints in NC alone last year
The machine isn't the scam. But it's where the scam gets paid.
The classic playbook: a caller convinces a retiree the "banking system is failing."
Withdraw cash. Feed it into a kiosk. Send it to the scammer's wallet.
Once it settles on-chain, it's gone. No chargeback. No bank to call.
What the law actually requires:
→ 12% fee cap
→ Daily limits: $2,000 for new customers, $5,000 for existing
→ Fraud warnings on every machine
→ Live customer service + receipts
→ Cancel any transaction before it's final
→ 30-day window to claim refunds on fraudulent transactions
The alternative on the table was worse.
One NC senator argued kiosks should be banned outright, like Indiana, Tennessee and Minnesota already did.
Regulation at 12% beat prohibition at 0%.
That's the real story: access survived. ⚖️
Kiosk operators call this a "quasi-ban." Consumer groups say 12% is still robbery.
So which is it, a fee cap that saves retirees, or a soft ban dressed up as protection? 👇
One of them is about to become law in NC.
The IRS already has your sales. It doesn't have your side of the story.
"What They Can See": the free tax & sovereignty field manual for stackers:
→ what's taxable (spending sats = yes, still)
→ who reports what on you — and what self-custody keeps off the record
→ the 1099-DA traps that trigger audits
→ best-to-worst state tax map
Free in your welcome email 👇 

The Bitcoin Act
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It's so frustrating... don't you agree? 👇


A U.S. state just capped Bitcoin ATM buys at $2,000 per day.
Not a hack. Not a scam. A law. Effective 2027.
That's one of 4 moves this week that quietly change your rights as a Bitcoiner:
🏛 NC caps kiosk buys at $2k/day + 48hr holds
🇩🇪 Germany killing your tax-free BTC gains
🇰🇷 Korea moving to seize BTC in civil debt cases
🏦 Trump's Bitcoin reserve stuck in bureaucratic limbo
Which one worries you most? 👇


Every Bitcoiner during a debate is like: 👇😂


🚨 BITCOIN LEGAL MAP UPDATE: SYRIA IS NO LONGER RED.
First reclassification of 2026: Restricted → Gray Zone.
We waited months to make this call. Here's why we finally moved it:
— Assad fell in Dec 2024. His financial chokehold fell with him
— The US revoked its sanctions regime (EO 14312). The EU followed
— Binance went live nationwide: 300+ assets, P2P in Syrian pounds
— The new government has passed ZERO anti-Bitcoin laws. No ban. Nothing
— A Syrian economic think tank is now openly proposing to LEGALIZE Bitcoin
A country welded shut from global finance for 20 years now has open Bitcoin rails, while its banking system is still rubble.
No banks. No trust. No permission needed.
This is the exact scenario Bitcoin was built for.
Syria is now a gray zone: no law for it, no law against it. The map only moves when reality does.
Prediction time: where does Syria land by 2027: 🟢 green or back to 🔴 red? 👇


Only Bitcoiners will get this! ⚡️


Russia’s digital ruble goes live in September, fully traceable, banks confirmed ready.
A senator wants ethics rules baked into the CLARITY Act, barring officials from profiting off the bill they write.
And the sheriffs fighting Section 604, protection for devs and node operators, just dropped their opposition.
That’s the headline stuff. The issue also has stories you won’t find in mainstream coverage, things moving in state legislatures and courtrooms that actually hit your Bitcoin before the news cycle catches up.👇


Every Bitcoin maximalist seeing this: ‘That’s me’… 😉


77.
That's France's official count of kidnappings, extortions and attempted attacks on Bitcoin holders, since January.
The Interior Minister just unveiled the response.
Same week, on the other side of the Atlantic: American police endorsed the CLARITY Act. First major law-enforcement organization ever to back it. Their letter to the Senate praises the bill's "meaningful new capabilities" for investigators.
Two stories. One question underneath: who can see what you hold.
Tomorrow:
→ the NOBLE letter — why the cops who were supposed to fight this bill just blessed it, and the sentence that should make you read CLARITY twice
→ Lummis: railroad, internet, what's next. Her case for why America can't hand this lead away — and what keeping it costs holders
→ France's 3-front plan to hunt the gangs: intelligence, industry, borders. What changes if you hold in France
👉 Drops in less than 24h
👉 Open first, earn 2100 sats
👉 If you're not subscribed already, fix that now → link in bio
And you, at what number do you stop telling people you own Bitcoin?
Who agrees? 👀


Happy 4th of July!
250 years ago, a handful of people decided they'd rather be free than be ruled, even when free was harder.
That instinct didn't retire. It just found a new form.
Enjoy the day. Hug your family. Fire off some fireworks 🎆
Same fire, different fuel.
Who is an OG?


⚡️ 2,100 sats. To one person. For opening an email.
Not split. Not a raffle. Whoever opens this newsletter first takes the entire pot.
Used to be 21 sats to everyone who opened early. Nice. Safe. But that's fiat thinking wearing a Bitcoin skin: free money for just showing up.
Bitcoin doesn't work that way. At the protocol level, one winner takes the block reward, every ten minutes, since 2009. Pools split earnings among themselves after the fact, sure, but the chain itself only ever pays one winner per block. Now The Bitcoin Act runs the same way.
First to open, wins it all.
Set an alarm. Link's in the replies.
Who can relate? 😂


👀 Trump Discloses Over $100M in Bitcoin Holdings
Trump’s latest annual financial disclosure, filed with the Office of Government Ethics, lists Bitcoin holdings valued at more than $100 million.
These reports are mandatory for the President and senior federal officials. They require full disclosure of personal assets and income sources to maintain public transparency around potential conflicts of interest.
The appearance of substantial Bitcoin positions in the filing shows how Bitcoin is now handled as a standard reportable asset under existing ethics rules.
The same document reports more than $1.4 billion in total income across the 2025 reporting period.
This aggregate figure combines earnings from several distinct sources tied to the President’s financial interests.
Annual disclosures of this scale provide a clear public snapshot of how those interests performed during the year.
One of the largest sources listed is World Liberty Financial, the company co-founded with his sons.
The filing attributes over $500 million in income directly to this entity for the reporting period.
This amount reflects returns generated through the family’s ownership stake in the venture.
The disclosure also records approximately $635 million in proceeds from the sale of the TRUMP memecoin.
These figures represent realized gains from transactions involving that specific token during the year.
The amount is broken out separately from other income streams in the official report.
More than $80 million in additional income came from legal settlements with media companies.
These settlements are itemized as distinct earnings in the 2025 filing.
They form one of the smaller but still material components of the overall reported total.
The entire set of figures was submitted through the standard process to the U.S. Office of Government Ethics.
Once filed, the full disclosure becomes part of the permanent public record.
This mechanism exists to give citizens visibility into the finances of the highest-ranking government officials.
Bitcoin holdings are now explicitly documented as part of the President’s official reported assets for the period.
The filing places these positions on the same public record as other investments and income sources.
This establishes Bitcoin as a disclosed asset under the normal ethics requirements that apply to presidential finances.
Bitcoin law and regulation are moving fast.
Twice a week I decode exactly what it means for your stack on 

The Bitcoin Act
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Who is as cool as Daniel?


⚡️ Issue #59 of The Bitcoin Act newsletter is live!
🧡 Dive into the latest global moves reshaping #Bitcoin regulation and adoption.
👉 For subscribers, don’t forget to check and claim your free sats!
👉 Full issue here:


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...

Meme of the day #Bitcoin 🧡⚡️

