Saylor Sees Bitcoin Winning as Regulators Move Without Congress
9 Articles
9 Articles
Saylor Sees Bitcoin Winning as Regulators Move Without Congress
Bitcoin can continue gaining institutional ground even with the CLARITY Act stalled in Congress, according to Strategy Executive Chairman Michael Saylor. He expects regulators to advance rules under existing law and banks to expand bitcoin custody and loans. Saylor Says Bitcoin Progress Does Not Depend on Congress Bitcoin’s integration into the U.S. financial system can […]
Saylor says crypto progress won't wait for Congress after CLARITY stalls
Michael Saylor has said that he expects the SEC, CFTC, and Treasury to write crypto rules under existing law now that the CLARITY Act has stalled in the Senate. Following the continuous stalling from Congress, Bitcoin holders and banks are now expecting agencies to sort crypto’s legal status. Will the CLARITY Act be passed anytime...
Key points of the News Michael Saylor holds that Bitcoin can continue to advance despite the fact that the CLARITY Act failed to advance in the U.S. Senate. He hopes that the SEC, the CFTC and the U.S. Treasury will continue to develop rules for cryptocurrencies under existing laws, while banks expand custody and enforcement.
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