Bitcoin Policy Institute

ADM Paparo, 4-star Admiral and Commander of U.S. Indo-Pacific Command, just testified before the Senate that “Bitcoin shows incredible potential” as a tool for U.S. national security. https://blossom.primal.net/86b4b4af29919adafed87fbcd11b0e7029dff1177783c1ab4da3afb7f89e4502.mp4

This Halloween, don't fear the ghosts of fiat...

Bitcoin is your exit from a rotting system. https://blossom.primal.net/a2d23b0768976205a22cb42a0d4378740f46fe5130114430ef0dbd9daa85cb18.mp4

🚨 Bombshell in the Samourai Wallet case

Six months before indicting the developers, DOJ asked FinCEN if Samourai’s non-custodial wallet and coinjoin tools qualified as “money transmission” under existing US statutes.

FinCEN’s answer? Emphatic: NO.

DOJ charged them anyway.

Keonne Rodriguez and William Hill were charged with “conspiracy to operate an unlicensed money transmitting business.” That’s felony territory, carrying the threat of years in prison. But internal records now reveal DOJ knew beforehand that FinCEN didn’t think Samourai needed a license. They hid this from the defense for over a year.

This is regulation by indictment: prosecutors creating new interpretations of law behind closed doors, contradicting regulators and democratic process. If this stands, any software developer could face prison for writing code that someone else uses to send money.

Even worse: DOJ’s conduct defies the Trump administration’s new crypto policy. Deputy AG Todd Blanche issued clear guidance in April: DOJ must not charge developers of non-custodial tools unless they willfully ignored a licensing duty.

FinCEN says no such duty exists here.

DOJ has told the judge it’s “considering dismissal.” It should do more than consider.

👉 Drop the charges.

👉 Investigate the misconduct.

👉 Respect the law.

Read BPI Head of Policy Zack Shapiro's analysis of the recently filed Brady letter here: https://btcpolicy.org/articles/fincen-said-that-samourai-wallet-case-violated-treasurys-aml-guidance--doj-prosecuted-devs-anyway

Time for the Justice Department to drop the charges. Until then we will continue to fight for P2P rights.

Last month, the Bitcoin Policy Institute and Senator Lummis co-hosted Bitcoin for America in our nation’s capital.

Just days after the creation of the Strategic Bitcoin Reserve, more than 200 executives, technologists, and policymakers gathered to cement America’s Bitcoin leadership.

Bitcoin for America was only the start. On June 25th, we will host our 2025 Bitcoin Policy Summit—where US national leadership, policy experts, and the Bitcoin industry will chart the course for an America strengthened by Bitcoin.

Secure your spot using code NOSTR for 50% off: https://lu.ma/btcpolicysummit?coupon=NOSTR https://m.primal.net/QbAi.mp4

BitBonds - An Idea Whose Time Has Come, presented by Andrew Hohns at Bitcoin for America https://m.primal.net/PrWz.mp4

Watch the full fireside chat between Paolo Ardoino and

at Bitcoin for America https://m.primal.net/Pnvu.mp4

GM Nostr