Damus
The Bitcoin Act profile picture
The Bitcoin Act
@The_Bitcoin_Act

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.

Relays (13)
  • wss://nostr.wine – read & write
  • wss://relay.geyser.fund – read & write
  • wss://relay.fountain.fm – read & write
  • wss://relay.getalby.com/v1 – read & write
  • wss://lightningrelay.com – read & write
  • wss://relay.primal.net – read & write
  • wss://nostr.mom – read & write
  • wss://nostr.bitcoiner.social – read & write
  • wss://relay.bitcoindistrict.org – read & write
  • wss://nostr.land – read & write
  • wss://relay.damus.io – read & write
  • wss://nos.lol – read & write
  • wss://yabu.me – read & write

Recent Notes

The Bitcoin Act profile picture
Galaxy Research just cut the odds of the Clarity Act passing this year from 50% to 30%. In one month. Their words: the Senate calendar is now “the enemy.”

Same week, one of the police unions negotiating crypto enforcement flipped and backed the bill.

Nobody’s reporting the part that actually matters: the exact language they said addressed their concerns never changed.

That contradiction says more about where this bill is headed than any headline will.

Tomorrow, The Bitcoin Act breaks it down properly:
→ the read from experts and insiders you won’t get from mainstream media
→ this week’s numbers on legal bitcoin news
→ every legal + bitcoin event worth watching next week — and there’s a ton lined up

⚡ First opener gets 2100 sats, same as always. Fastest one wins.

Most people find out what happened in a headline next week. Subscribers already know how it ends.

Link in bio.
The Bitcoin Act profile picture
I had to update the Bitcoin legal map this week.

On 17 July, Nigeria's president signed an executive order putting the central bank in charge of crypto, the same central bank that ordered every bank in the country to close crypto accounts in 2021.

So Nigeria's entry is rewritten. Here's what actually changed.

The Presidential Executive Order on Virtual Assets Coordination, 2026 took effect immediately. It creates a Virtual Asset Council: the CBN chairs, the Revenue Service and SEC are vice-chairs, and the Financial Intelligence Unit and the National Security Adviser sit at the table.

Three things worth knowing:
— No new regulator. Every agency keeps its full statutory mandate. This is a coordination layer, not a power grab.
— The jurisdiction split is finally written down. Activities like securities register with the SEC. Payment, settlement and custody of non-security assets register with the CBN.
— 30 days to deliver a Harmonised Implementation Framework, with a CBN sandbox, an NRS tax policy and a national White Paper queued behind it.

The map tracks 140+ jurisdictions on six questions each: is Bitcoin legal, can you self-custody, how is it taxed, what is it legally classified as, where is the politics going, and can the state take it from you.

Which country do you think is most misunderstood on the map? 👇
1
The Bitcoin Act · 1d
The full map — 140+ jurisdictions, six dimensions each, sourced and dated: https://thebitcoinact.xyz/bitcoin-legal-map
The Bitcoin Act · 2d
1,000 Bitcoiners now read The Bitcoin Act. I could have posted a screenshot of the number and moved on. Instead I built you a room. The Legal War Room: free, no tier, no paywall, no gatekeeper. No...
The Bitcoin Act profile picture
Https://thebitcoinact.xyz/community

🗣️ The Courtroom — self-custody, privacy, jurisdiction, regulation. Everyone gets the floor.
📰 Newsletter Drops — every edition lands here, open for argument
😂 Meme Evidence — the court accepts memes

DMs are on, so you can talk to each other directly too.
The Bitcoin Act profile picture
1,000 Bitcoiners now read The Bitcoin Act.

I could have posted a screenshot of the number and moved on.

Instead I built you a room.

The Legal War Room: free, no tier, no paywall, no gatekeeper.

Not a broadcast. A floor. Everyone talks. Ask me anything, but more importantly, argue with each other. Debate self-custody. Tear my takes apart in public. Answer the guy two jurisdictions over who's facing the law you already beat.

1,000 people reading the same bills every week, who until today had no way to reach each other.

Come in and tell us your jurisdiction. ⚖️
1
The Bitcoin Act · 2d
Https://thebitcoinact.xyz/community 🗣️ The Courtroom — self-custody, privacy, jurisdiction, regulation. Everyone gets the floor. 📰 Newsletter Drops — every edition lands here, open for argument 😂 Meme Evidence — the court accepts memes DMs are on, so you can talk to each other dir...