🪪 Oh No... They DID

Happy Friday, In A Nutshell this week:

• 🪪 Oh No… They DID

• 🇬🇧 UK’s Largest Bitcoin Seizure

• 🟢 Corporate Bitcoin Gets Green Light

• 💪 Strengthening the UK Ecosystem

• 🇸🇪 From Seminar to Strategy

• 💥 Cyphertank Powers the Next Wave

• …and much more

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 🚀⏰ Today’s news should be a ~5.35-minute read (875 words).

🧠 Quote Of The Week

"Alone, we are smart. Together, we are brilliant."

— Steven Anderson

🪪 Oh No… They DID

UK Prime Minister Keir Starmer has officially announced plans to make digital IDs mandatory for all adults, framed as a way to curb illegal immigration and stop undocumented workers.

Critics warn this is less about immigration and more about expanding state surveillance, turning everyday activities like working, shopping, or using the internet into ID-gated processes.

With the UK as part of the Five Eyes alliance, many fear it could set the stage for similar measures in the US, Canada, Australia, and New Zealand, normalising a system of total digital control.

Bitcoin offers a parallel path: a way to transact and store value outside of government-controlled ID systems.

See the announcement here

🇬🇧 UK’s Largest Bitcoin Seizure

Chinese national Yadi Zhang, also known as Ruja Ignatova, has pleaded guilty in London to laundering more than £5 billion worth of Bitcoin.

Prosecutors said the funds came from a huge investment fraud scheme in China, making it one of the largest Bitcoin-related seizures in history.

Much of this Bitcoin now makes up the UK’s own government holdings, after being seized during the investigation.

Cases like this challenge the outdated narrative that Bitcoin is “perfect money for criminals,” showing that claim simply doesn’t hold up anymore.

🟢 Corporations Get a Green Light?

The U.S. Treasury says companies won’t owe taxes on unrealised Bitcoin gains, clearing the way for firms like Strategy to hold large Bitcoin treasuries without massive tax risk.

CAMT applies a 15% minimum tax on corporations earning over $1 billion, based on accounting income rather than actual taxable income. Previously, Bitcoin holdings could have triggered huge taxes even if the assets weren’t sold.

The new guidance puts digital assets on the same footing as stocks and bonds, removing a big risk for companies holding large Bitcoin treasuries.

💪 Strengthening the UK Ecosystem

B HODL, the UK’s first publicly listed Bitcoin native services company, has announced a new ecosystem grant program to fund grassroots Bitcoin development across the country.

The program will support projects focused on education, open-source development, circular economies, and Lightning adoption, aiming to strengthen Bitcoin’s presence in the UK.

Fresh off their IPO just last month, B HODL is already reinvesting in the community, showing their commitment to helping the UK Bitcoin scene prosper.

Applications are now open – apply here.

🇸🇪 From Seminar to Strategy

Two Swedish MPs, Dennis Dioukarev and David Perez, have proposed that Sweden explore creating a strategic Bitcoin reserve to diversify national holdings and combat inflation.

The proposal came following Dioukarev hosting a Bitcoin seminar, with talks from Joe Bryan and JAN3.

They emphasised that this wouldn’t change the central bank’s monetary policy and confirmed there are no plans for a digital krona (CBDC).

The proposal suggests the reserve could be funded with seized Bitcoin, allowing Sweden to “join the growing group of nations that have accepted and recognised the potential of Bitcoin.”

💥 Cyphertank Powers the Next Wave

Plan ₿ Network has unveiled Cyphertank, a global pitch competition offering $850,000 in prizes for Bitcoin startups.

The contest aims to accelerate Bitcoin-native businesses and protocols, with heavyweight judges including Tether’s Paolo Ardoino and Blockstream’s Adam Back. Startups will pitch their ideas across categories like infrastructure, privacy, and payments.

With major backing and serious capital, Cyphertank is positioning itself as one of the biggest launchpads yet for the next wave of Bitcoin innovation.

Applications are now open – apply here.

🔊 More Speakers Announced for Bitcoin | A Competitive Advantage

We’ve dropped three more heavy-hitting speakers for Bitcoin | A Competitive Advantage on Friday, 21st November, Derby:

• Peter Lane — CEO & co-founder of Jacobi Asset Management

• Robin Thatcher — The Bitcoin & Crypto Accountant / Tax specialist

• Vijay Selvam — Attorney & Author of: Principles of Bitcoin

From business leaders to independent thinkers, if you're taking action or ready to start, this conference is for you.

🎟️ Day tickets are now available, grab yours whilst you can!

🔒 BitcoinTreasuries.net – Media Partner Announcement

We’re excited and proud to announce BitcoinTreasuries.net as an official media partner for Bitcoin | A Competitive Advantage.

BitcoinTreasuries.net is the go-to source for trusted data on Bitcoin holdings by companies and governments worldwide. Frequently cited by leading financial outlets, they deliver reliable insights that investors, analysts, and Bitcoin enthusiasts depend on.

🔥 What else have you missed?

1. Telegram, CEO Pavel Durov, believes Bitcoin is eventually going to hit $1,000,000

2. Coinbase calls for congress to eliminate capital gains tax on Bitcoin payments

3. Poland advance strict bill on Bitcoin, sparking public backlash

4. Vanguard shift stance on Bitcoin ETFs?

5. Spain's second largest bank BBVA to allow retail customers to trade Bitcoin

6. Metaplanet becomes the worlds 4th Largest Bitcoin Holder

7. JPMorgan sees bitcoin hitting $165,000 by year-end

8. CME Group is Launching 24/7 Bitcoin Trading

🍾 Friday Fun!

This week’s crossword is now live - Play here

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