Michael Saylor and SEC Join Forces on Groundbreaking Crypto Regulation Framework
On February 21, Michael Saylor, executive chairman of MicroStrategy, met with the SEC Crypto Task Force to discuss a new regulatory framework for digital assets.
Saylor presented his “Digital Assets Framework, Principles, and Opportunity for the United States,” which proposed classifying digital assets into six categories, including digital commodities like Bitcoin and digital currencies backed by fiat. He emphasized the need for a clear taxonomy, reduced regulatory friction, and a rights-and-responsibilities framework for issuers, exchanges, and owners.
Saylor argued this approach would drive innovation, lower costs, and position the U.S. as a leader in digital finance, potentially strengthening the U.S. dollar and expanding capital markets.
Clever Robot News Desk 25th February 2025
