April 5th, 1933 to Bitcoin: The Revolution That Started with “No”
Hey there, Welcome to the April edition of All About Bitcoin!
Do you know what happened on April 5, 1933?
You probably already know if you’ve followed our celebrations earlier this month.
Every Bitcoiner should know. It’s the day the U.S. government attacked financial freedom with Executive Order 6102, banning private gold ownership.
April 5 is also Satoshi Nakamoto’s birthday.
To us, this date is a reminder: Own your money. Stay in control.
It’s also proof that we all have the power to say “No.”, just like Satoshi did.
Saying no to:
Giving up self-custody Accepting the status quo Trusting governments and banks to protect our assets This month, we celebrate Satoshi’s legacy and the cypherpunk spirit within all of us. You always have a choice!
Bitcoin emerged from the turmoil of collapsing currencies and broken banking systems.
Trezor was born from the chaos of failing exchanges because trusting third parties with your bitcoin was never the answer.
“We wanted to make a couple of hardware wallets for our friends. But soon we realized that we had found a big market gap. Now we are one of the most trusted wallets in the world.” — Marek “Slush” Palatinus, Co-Founder of Trezor
Binance asks all Indian users to re-verify KYC for AML compliance.
Exchange collects PAN data to meet India’s money laundering law requirements.
In a recent development, Indian users of the global crypto exchange Binance have been asked to re-verify their identities. Binance continues its initiatives to follow India’s rigorous anti-money laundering (AML) standards via this implementation. New users, together with current Binance users, need to repeat the Know Your Customer (KYC) process.
Binance Aligns with India’s PMLA Rules
Binance has implemented re-verification as part of the Indian authorities’ ongoing efforts to regulate digital assets despite not assigning penalties to noncompliant users. The exchange aims to enhance account security through its latest announcement while following the existing financial regulations of the country.
Binance works to fulfill its duty under the requirements of India’s Prevention of Money Laundering Act (PMLA), 2002. PAN (Permanent Account Number) data must be obtained from every user, according to Binance. The mandatory steps apply to Binance and every other Indian and foreign crypto exchange that plans to operate lawfully within Indian territory.
Previously, Binance encountered difficulties operating in the Indian marketplace before proceeding with its plans. The Indian Financial Intelligence Unit (FIU) sanctioned Binance where it imposing a $2.25 million (INR 188.2 million) fine upon the exchange in June 2025. Binance received the penalty from the FIU because it had not properly followed AML procedures during its time of offering services to Indian customers. The FIU found Binance lacked proper protocols for anti-money laundering in its position as a virtual digital asset service provider.
Furthermore, the reported situation did not exist as a single occurrence. International digital asset platforms offering services to Indian clients received show-cause notices alongside Binance Group. Binance encountered operational restrictions for serving Indian users on its platform at this time.
Binance Highlights Secure KYC Process to Protect Indian Traders
Despite these setbacks, the company Binance works actively to settle regulatory matters and conditions. The company established official registration with India’s Financial Intelligence Unit (FIU-IND) in August 2025. The platform achieved a major operational hurdle through this registration because the platform could now run in India without additional interruptions. Indian users regained access to both the Binance website and mobile application after this development.
The organization viewed this registration as extending its wide-ranging dedication to maintaining international regulatory requirements and preserving openness. Any data obtained through the KYC procedure was presented by the platform as safe and dedicated exclusively to meeting legal requirements.
At the same time, Binance emphasized that establishing a safe digital asset ecosystem stands as equally crucial to their endeavors. Customers were assured the security-oriented KYC process would prevent inconvenience while protecting trading security.
Meanwhile, India keeps building up its digital finance regulations throughout this period. The rise of cryptocurrency as a mainstream asset means India will pass new laws that both protect financial investors and stop criminal activities.
Lastly, Binance emphasizes re-verifying Indian users as part of an industry-wide trend that promotes regulatory compliance in cryptocurrency markets. The exchange, together with the Indian government, works to develop a legally reliable environment that builds trust for digital asset trading.
Bitcoin’s Bullish Breakout: A Look at the Market and the Momentum
Bitcoin has skyrocketed to a new all-time high of $98,907.40, marking an extraordinary moment in its history. With the Fear & Greed Index hitting a staggering 94 (Extreme Greed), the crypto market is riding a wave of unshakable optimism. This surge is not just about numbers on a screen; it’s a reflection of growing adoption, shifting perceptions, and a confluence of global events that are positioning Bitcoin as a cornerstone of the modern financial system.
Bitcoin at a New All-Time High
Bitcoin’s record-breaking performance is driven by a combination of investor confidence, institutional interest, and anticipation of a more crypto-friendly environment following the recent U.S. presidential election. With Bitcoin’s market cap nearing $2 trillion, this rally isn’t just about short-term speculation. It’s a signal that Bitcoin is moving closer to the mainstream as a trusted store of value and a hedge against traditional market uncertainties.
Market Sentiment: Fear & Greed Index Hits 94
The Fear & Greed Index, a popular barometer of market sentiment, surged to an astounding 94, reflecting Extreme Greed. This sharp uptick shows the exuberance in the market as investors pile in, hoping to ride the bullish wave. While optimism abounds, it’s important to approach this phase with caution, as extreme greed levels often precede corrections. Staying informed and managing risks effectively is vital during such dynamic market conditions.
The Election’s Impact on Bitcoin
The 2024 U.S. presidential election has brought new energy and speculation to the crypto sector. A potentially more crypto-friendly administration could herald regulatory clarity and foster growth across the industry.
Pro-Crypto Policies on the Horizon
Key political developments include discussions about replacing SEC Chair Gary Gensler, a move that many in the crypto space view as a step toward fairer and clearer regulations. Dan Gallagher, a potential contender for the role, is widely regarded as a pro-crypto advocate whose leadership could spur innovation and reduce regulatory roadblocks.
The Concept of a Strategic Bitcoin Reserve
One intriguing possibility is the idea of a U.S. strategic Bitcoin reserve. Transforming seized Bitcoin holdings into a national asset would send a strong message of trust in digital currencies. Such a move could catalyze global adoption and inspire other nations to follow suit, further solidifying Bitcoin’s role as a financial powerhouse.
Pro-Crypto Majority in Congress
With 271 pro-crypto representatives in the House and 19 in the Senate, the legislative environment is shifting toward a more blockchain-positive outlook. These developments signal the potential for faster and more favorable regulations, fueling optimism within the crypto community.
How Trezor Can Help You Navigate the Market
In these exciting times, safeguarding your crypto investments is paramount. As Bitcoin reaches new heights, the need for security grows. Trezor hardware wallets provide unmatched protection by keeping your private keys offline and under your full control. Whether you’re trading or holding for the long term, Trezor ensures your journey remains secure.
What’s New in Trezor Suite?
Trezor Suite is evolving to make crypto management simpler and safer. The latest addition — crypto purchases through Revolut — makes it easier than ever to buy Bitcoin directly within the app. This seamless integration ensures that transactions remain secure while giving you full control of your assets.
Looking Ahead
Bitcoin’s journey to an all-time high is more than just a financial milestone; it’s a testament to its resilience and growing significance in the global economy. As we move into this new era of possibility, staying informed and choosing the right tools will ensure you navigate the market with confidence. Trezor is here to support you every step of the way, providing the security and peace of mind you need to participate in this thrilling chapter of Bitcoin’s evolution.
Secure Your Financial Freedom with Trezor
Bitcoin is rewriting the rules of finance, and Trezor is your trusted partner in this revolution. Whether you’re trading, investing, or holding for the future, now is the time to ensure your crypto assets are as secure as they are promising. Explore the Trezor ecosystem today and take charge of your financial freedom as Bitcoin continues to soar.
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