The CLARITY Act isn’t dead, just delayed. Thune filed cloture before the August recess, so it’s back on the calendar for a procedural vote Sept 15. Still unresolved: ethics rules for officials with crypto ties, DeFi treatment, and stablecoin rewards, the same fights that stalled it all summer. If it clears the Senate, it’s the first real securities-vs-commodity framework for digital assets in the US. I track every twist as it happens, sign up for the breakdown: https://thebitcoinact.xyz

Quick question for bitcoiners: Does your country have a framework law on cryptoassets?

Most newsletters extract attention and give nothing back. Fountain (and a few other pure Bitcoin things) flipped that principle. Sats flow both ways for real attention. That stuck with me. So every issue of The Bitcoin Act works the same way: the first person to open it gets 2,100 sats over Lightning. One winner. No split. No raffle. Straight to their wallet. Used to be 21 sats for anyone who opened early. Then it felt off. Bitcoin doesn’t pay every miner who shows up. One takes the block. Same rule here. Just the legal signal that matters for staying sovereign, and sats for the fastest reader. Anyone else building something where sats actually move both directions? 👇

Bitcoin dominates them all! Do you agree?

The poll has ended! ⚡️ Here’s what you voted for: 👇

The Fed Chair just said it out loud: Failing crypto firms get ZERO bailouts. No safety net. No rescue. No daddy government. Good. That's the whole point of Bitcoin. Your keys are your central bank. Also this week: CLARITY Act potentially hits the Senate floor, Taiwan puts 80% odds on a state Bitcoin reserve, and a London court may rule debts can be repaid in BTC. Full breakdown just dropped in The Bitcoin Act 🔻

Another unlicensed “crypto” platform just got its websites taken down. Investors report blocked withdrawals. The platform blamed the regulator. The regulator said that’s a lie. Yepbit is the latest reminder: if you don’t hold the keys, you don’t hold the coins. Thread 🧵 2/ ASIC (Australia’s securities regulator) used its website takedown powers on Wednesday to remove several sites linked to Yepbit. This came after investors reported they could not withdraw funds from the digital assets and futures trading platform. ASIC also added fresh warnings to its Investor Alert List. 3/ Yepbit told some investors that ASIC had frozen their funds while the platform dealt with audits or regulatory requirements. ASIC called those claims false. The regulator said it took no steps that stopped Yepbit from returning any funds. 4/ Yepbit does not hold an Australian Financial Services Licence. It is also not registered as a virtual asset service provider with AUSTRAC. ASIC has issued multiple alerts on Yepbit domains since March, with more added recently. 5/ This is not just an Australian issue. In February the Philippines SEC issued a cease-and-desist order against Yepbit Exchange Pty Limited and Fidelity Capital Investment Group for soliciting investments without the required approvals. 6/ In July Ghana’s SEC warned the public against Yepbit Exchange and Bonchat, calling them suspected fraudulent investment schemes and confirming neither is licensed. 7/ Unlicensed platforms that block withdrawals and then invent regulatory excuses are a familiar pattern. Your coins sitting on someone else’s website are not your coins. Self-custody exists for a reason. Stack sats. Hold your own keys. Ignore the shiny platforms that promise easy yields without real licenses. Have you or anyone you know been caught by one of these? Drop it below. Stay sharp out there.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ 8/ Want the full legal analysis on every Bitcoin bill, ethics trap, and regulatory landmine before the headlines hit? Subscribe free at https://thebitcoinact.xyz No fluff. Just the clarity Bitcoiners actually need.

Do you buy your Bitcoin on a non-KYC exchange, or on a KYC CEX?

The answer was: C) $10,000

Full issue here: https://thebitcoinact.xyz

California's SB 1208 passed the state Senate 39-0. It lets prosecutors freeze your exchange-held Bitcoin for 10 days without a conviction, and the exchange doesn't have to tell you. Assembly hearing: August 13. Also in Issue #71 of The Bitcoin Act: South Africa wants every self-custody withdrawal reported, and Australia just pulled 96 Bitcoin ATMs offline for missing paperwork. Inside: → Sovereignty Move of the Week: is your Bitcoin currency, security, or property? → The Market Knows First: prediction markets are pricing a Trump pardon for Keonne Rodriguez, Clarity becoming law, and a crypto capital-gains repeal. Not your keys, not your coins, SB 1208 just made the case for you. 🟠 Bullish or bearish on SB 1208 clearing its August 13 hearing? 👇

And you, how many times a day do you check what’s in your wallet?