Happy Friday, In A Nutshell this week:

  • 🇺🇸 Trump Takes on the Banks

  • 🤖 AI: “Bitcoin, I Choose You”

  • 🔑 Kraken Unlocks Access to the Fed

  • 📻 BBC Misses the Basics

  • 🇬🇧 Britain’s Bureaucratic Wall

  • …and much more

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🚀 Today’s news should be a ~5.09-minute read (771 words).

🧠 Quote Of The Week

“It is the mark of an educated mind to be able to entertain a thought without accepting it.”

— Aristotle

🇺🇸 Trump Takes on the Banks

President Trump has hit out at big banks, accusing them of undermining key crypto legislation. He argues that striking a fair deal with the crypto industry is in the best interests of the American people.

The row centres on bills that would shape how the US regulates stablecoins and the broader crypto market, with banks lobbying hard against rules that could let crypto firms offer more attractive yields and pull deposits away from traditional banks.

Trump has previously said he was debanked, so the issue appears personal. With him calling out banks by name, the battle over money and payments has gone fully mainstream, and Bitcoin and crypto are no longer fringe topics.

🤖 AI: “Bitcoin, I Choose You”

River and the Bitcoin Policy Institute tested 36 leading AI models across 9,072 scenarios and found Bitcoin was the top overall choice. Stablecoins were favoured for day-to-day payments, while Bitcoin was the best fit for long-term savings.

If AI agents become economic actors, their default “money” may skew Bitcoin-native, since they tend to favour scarce, digital money.

🔑 Kraken Unlocks Access to the Fed

Kraken has become the first crypto-native firm to secure a Federal Reserve master account, giving it direct access to core US payment infrastructure such as Fedwire.

This means Kraken can move dollars more like a bank, without relying on intermediary institutions. For clients, that could translate into faster settlement, smoother transfers and less counterparty risk.

It’s another step in crypto’s shift from “outside the system” to being plugged into the system itself.

📻 BBC Misses the Basics

A sharp critique of the BBC MoneyBox episode “Understanding Crypto” argues the programme may have misled listeners by leaving out key facts about Bitcoin and blurring it together with “crypto” more broadly.

The post says the show skipped core basics, including Bitcoin’s fixed 21 million supply, how Lightning enables fast payments, and why proof-of-work exists, while leaning on familiar criticisms around speed and energy use.

The bigger issue is perception. If mainstream coverage misses the basic principles, newcomers don’t get a fair chance to understand what Bitcoin actually is, which is why it matters to challenge coverage like this.

🇬🇧 Britain’s Bureaucratic Wall

A personal account shows buying property with Bitcoin wealth in the UK is harder than you might think.

Solicitors run strict anti-money laundering checks and want a full paper trail, including the original source of funds, exchange records of buys and sells, and bank statements showing the money moving in and out.

The choice of solicitor matters too. Some firms will refuse Bitcoin entirely, while specialist conveyancers can move faster, but expect higher fees and heavy scrutiny.

Bitcoin might be your opt-out strategy, but turning it into property still means dealing with the legacy system.

🚀 Why Businesses Need Bitcoin as AI Accelerates

Jeff Booth, entrepreneur and author of The Price of Tomorrow, joins Jordan to unpack what AI and Bitcoin can mean for business owners trying to stay resilient through times of rapid change.

They cover why AI is still early, how exponential tech is collapsing costs, and why companies that don’t adapt risk falling behind. Jeff also shares how he’d start integrating it into a non-Bitcoin business today.

The episode is available here: YouTube, Apple Podcast, Spotify

🔥 What else have you missed?

1. Iranians pull Bitcoin from exchanges en masse as war escalates

2. Strategy increased yield on STRC to 11.5%

3. Morgan Stanley issues new SEC filing for a spot Bitcoin ETF

4. NYSE Parent Company to bring tokenised stocks to crypto exchange OKX

5. Paraguay is exploring using seized miners for a state-run Bitcoin operation

6. Strike secures a BitLicense by the New York Department of Financial Services

7. Indiana signs bill into law that allows Bitcoin to be invested in state retirement plans

8. Bitwise to donate $233,000 to Bitcoin Open-Source Developers

9. Tether and Lugano launch Plan ₿ Phase II, building digital infrastructure

🍾 Friday Fun!

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Until next week✌️,

Alex & The BC Team

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