How are the Bitcoin community in India?
Tomorrow, the Senate Banking Committee will hold a hearing on “debanking”.
My organization, the Consumer Choice Center, submitted comments to the committee urging a repeal of the Bank Secrecy Act, which imposes financial surveillance that accelerates debanking, as well as violates our rights by doxxing our financial information without warrants to FinCEN.
This can be practically done tomorrow by passing Sen Mike Lee’s “Saving Privacy Act”.
Let’s GOOO
Damn, he already ruled himself out
absolutely. Just have a hard time buying my Canadian cheese P2P
Tariffs on Canadian products means Blockclocks, Satscards, and Coldcards are more expensive for Americans, btw
The dysfunction has arrived
RFK: Elevating a well-heeled tort lawyer who's spent most of his career tearing down + obstructing free enterprise to lead a powerful agency like HHS should leave us petrified.
My view in RealClear Politics on on why RFK's tort law background is the scarier element we haven't even cracked open.
What’s the breakdown on this Bitcoin for Palestine initiative?
I read that there was some infighting and possible misappropriation of funds?
gm Washington, D.C.
We're kicking ass, busting Ripple, and taking names
Le gouvernement songe
I’m writing a post later today on Bitcoin Policy Institute’s website to give some analysis
From what I understand, it’s immediate.
Anything I’m missing nostr:npub15dnln6cukw3yrflnv3hnrntdt9amh0uw466u6tns05ymqp3nal4qzz3lfc?
Beginning immediately, banks can now list bitcoin and as “assets” on a balance sheet, rather than a liability, which required them to match the equivalent amount in fiat.
This is only SEC guidance, but it shaped all FDIC policy and internal procedures for banks.
This is also useful for Bitcoin brokerages and exchanges, as they were required to also match all bitcoin deposits with fiat.
It will likely take until the first of Q1 (April) to really see the impact once publicly listed banks have to post their deposits and assets.
I’d also assume many management boards of directors will slowly start to green-light bitcoin as an asset.
Next up is policy changes at FDIC
On Donald Trump’s last day of his first presidency in 2021, he issued pardons to several convicted political figures and rappers.
In my hometown alt-weekly newspaper (Queen City Nerve), I argued at the time that the pardon of my former congressman, Robin Hayes, was the most undeserved, and it should have instead been granted to Ross Ulbricht, Edward Snowden, or Julian Assange.
At least now, Ross has closure.
https://qcnerve.com/robin-hayes-pardon/
Wow I can’t believe u looked
From all indications, the Trump inner circle has taken over. There is no more insider info. Apart from a reply tweet from Elon, and a tweet from the libertarian party chair, we don’t have anything.
Obviously the team has a lot planned for the week, but it doesn’t bode well that this wasn’t high on the list or at least bundled in with J6 folks