STRATEGIC BITCOIN RESERVE | RABBIT HOLE RECAP #316

- Senator Lummis Unveils Strategic Bitcoin Reserve Legislation: The BITCOIN Act https://www.nobsbitcoin.com/the-bitcoin-act-introduced/ - Tether Q2 2024 Report https://x.com/paoloardoino/status/1818677595858211185 - MARA Buys $100M Worth of Bitcoin, Reactivates 'Full HODL' Strategy https://www.nobsbitcoin.com/mara-buys-100m-worth-of-bitcoin/ - A Bitaxe Has Mined Block 853742 https://www.nobsbitcoin.com/a-bitaxe-has-found-a-block/ - Human Rights Foundation Story of the Week Russia | Introduces New & Repressive Digital Asset Laws Russia’s Federal Assembly recently passed two new digital asset laws with significant implications for Russians’ financial freedom. The first law legalizes cryptocurrency mining, and the second establishes an experimental framework for cross-border digital currency transactions. But these laws hint at troubling implications. While the first law permits mining, it confines it to mining entities registered with the Ministry of Digital Development and grants executive supervisory powers to the Central Bank of Russia. It also includes a ban on digital asset advertising. The second law, effective September 2024, mandates that all digital asset platforms obtain li…