The Bitcoin Act

The Bitcoin Act

@thebitcoinact.xyz

The newsletter that breaks down Bitcoin law and regulation twice a week, before it hits you. Written by a legal counsel. ⚡ Subscribe now 👉 https://thebitcoinact.xyz 📰

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Issue #93 is out. A US city has just made Bitcoin ATMs illegal within its limits, and the machines now have a date by which they have to be gone. Elsewhere, a statewide version of the same ban moved another step forward this week.

Also in this issue: the week’s Bitcoin legal and regulatory news from the US and around the world, a reader question on whether Washington could actually ban owning Bitcoin, and where prediction markets are pricing the legal outcomes worth watching. Did you like this one?

Tomorrow’s issue. South Korea is reportedly weighing a fourth delay to its tax on crypto gains, with the start date possibly pushed all the way to 2029.

Alongside it, the issue covers the week’s Bitcoin legal and regulatory news in the US and worldwide, the reader question answered in Ask Satoshi’s Lawyer, and where prediction markets are currently pricing Bitcoin legal events.

Bitcoin doesn't change. The rules around it do, every week. Issue #92 of The Bitcoin Act is out: 1) Every opinion and analysis on Bitcoin law this week, from Bitcoiners, lawmakers, regulators and central bankers 2) The Numbers of the Week 3) Every Bitcoin law event happening next week, date by date

How should Bitcoin be regulated? Protect rights, define its legal status, regulate like banks, or don't touch it? Pick one and tell me why. 👇

Today’s edition of The Bitcoin Act will cover this week’s most important Bitcoin legal and regulatory developments, with expert analysis, perspectives from lawmakers, and the key numbers behind the headlines.

We’ll also look ahead to next week’s upcoming events and the regulatory decisions that could shape Bitcoin’s future. Will you be opening today’s edition? 👇

I genuinely love what I’m building. Even on the days when it takes discipline, patience, and showing up when nobody’s watching. Bitcoin teaches you to think long-term. To ignore the noise. To trust the process, verify everything, and stay focused on what matters.

That’s the mindset I’m bringing to this project. No shortcuts. No hype. Just building, learning, and putting in the work every single day. Still early. Still learning. Still stacking sats of progress. ₿ Building in public. One day at a time…

Switzerland’s FINMA has approved the country’s first spot Bitcoin ETF for retail investors. The fund invests directly in Bitcoin under actual Swiss fund rules. Other providers are already seeking the same approval.

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Regulators are creating a proper retail pathway only because Bitcoin already has the liquidity and track record others lack. The product sits under full fund rules rather than lighter product rules. That is further recognition of Bitcoin’s established market position.

Switzerland’s FINMA has approved the country’s first spot Bitcoin ETF for retail investors. The fund invests directly in Bitcoin under actual Swiss fund rules. Other providers are already seeking the same approval.

View full thread

Supervised institutions must put measures in place to manage custody and operational risks. They must also explain those risks clearly in the fund documents. The Financial Services Act conduct rules apply when the ETF is sold.

FINMA has not named the approved fund or its issuer. Approval does not change Bitcoin’s risk profile. It remains highly volatile and investors can still lose a significant portion of their money.

Switzerland’s FINMA has approved the country’s first spot Bitcoin ETF for retail investors. The fund invests directly in Bitcoin under actual Swiss fund rules. Other providers are already seeking the same approval.

View full thread

The exception exists because Bitcoin has a longer trading history and much higher trading volumes than most other cryptocurrencies. Those market facts let the regulator treat Bitcoin differently from the rest of the sector. No other asset received the same carve-out.

Switzerland has listed Bitcoin products on the SIX Swiss Exchange for years. Those are debt securities. This new vehicle is an investment fund, so custody, operational risk and disclosure rules under fund law apply.

Switzerland’s FINMA has approved the country’s first spot Bitcoin ETF for retail investors. The fund invests directly in Bitcoin under actual Swiss fund rules. Other providers are already seeking the same approval.

This is not another exchange-traded product. It sits in the category of other funds for alternative investments with a specific risk. FINMA granted an exception to its normal diversification rules so the fund can hold Bitcoin alone.

The answer was: 6

The Bitcoin Act@thebitcoinact.xyz

BITCOIN QUIZ 🇹🇷 Turkey says authorities seized $7.15 million in cash and six cold wallets in an operation involving HEX founder Richard Heart. ❓ Quiz: How many cold wallets did Turkish police reportedly seize? A) 3 B) 6 C) 9 D) 15

Another week, another round of Bitcoin law. Today’s issue of The Bitcoin Act brings you every Bitcoin legal and regulatory story that mattered this week, from the US to the rest of the world.

Plus the legal question of the week, answered. And the odds prediction markets are giving on upcoming Bitcoin legal events. Already read it? Did you like this one?

BITCOIN QUIZ 🇹🇷 Turkey says authorities seized $7.15 million in cash and six cold wallets in an operation involving HEX founder Richard Heart. ❓ Quiz: How many cold wallets did Turkish police reportedly seize? A) 3 B) 6 C) 9 D) 15

Governments never stop writing rules about your bitcoin. Tomorrow, I’m breaking down every Bitcoin legal development in the US and worldwide.

⚖️ Every major legal move. 📊 Prediction-market odds on upcoming Bitcoin legal events. 🧡 One reader’s legal question, answered. And this week’s answer? I won’t spoil it. But Bitcoiners will love this one. Pure Bitcoin signal. No shitcoin noise. Will you open it tomorrow? 👇

Don't trust the headline. Read what the people involved actually said. Issue #90 of The Bitcoin Act is out: 1) Every opinion and analysis on Bitcoin law this week, from Bitcoiners, lawmakers, lawyers and the press 2) The Numbers of the Week 3) Every Bitcoin law event happening next week

The first 10 readers already got their 210 sats, as always. Who do you trust most on Bitcoin law: a Bitcoiner, a lawmaker or a lawyer? Pick one and tell me why.