Michael Saylor presents a digital property framework to the SEC Crypto Job Drive, proposing a structured regulatory system to strengthen U.S. management in digital finance.
SEC’s Crypto Job Drive Meets with MicroStrategy Chairman to Focus on Digital Asset Regulation
The U.S. Securities and Trade Fee (SEC) Crypto Job Drive met with MicroStrategy’s Government Chairman, Michael Saylor, on February 21, 2025, to debate regulatory methods for digital property. In line with an SEC memorandum, the dialogue centered on “approaches to addressing points associated to regulation of crypto property.”
Michael Saylor’s Digital Belongings Framework Proposal
Through the assembly, Saylor offered a doc titled Digital Belongings Framework, Rules, and Alternative for the USA, outlining his imaginative and prescient for a structured regulatory framework. His proposal categorizes digital property into six distinct lessons, together with digital commodities like Bitcoin and digital securities linked to fairness or debt. He emphasised {that a} well-defined classification system is essential for regulatory readability and fostering innovation within the crypto sector.
Past classification, Saylor known as for a legitimacy framework defining the rights and tasks of issuers, exchanges, and asset holders. He advocated for lowering regulatory friction whereas making certain transparency and accountability. His method goals to decrease issuance prices, streamline transactions, and permit industry-led disclosures as a substitute of bureaucratic oversight.
A Technique for U.S. Monetary Management
Saylor’s imaginative and prescient extends past regulation, positioning the USA as a world chief in digital finance. He argued that digital property might strengthen the U.S. greenback, increase capital markets, and even assist offset nationwide debt by way of a Bitcoin reserve technique.
He concluded that “by establishing a transparent taxonomy, a legit rights-based framework, and sensible compliance obligations, the USA can lead the worldwide digital economic system.”
The SEC’s Method to Crypto Regulation
The SEC’s Crypto Job Drive was established in January 2025 by Appearing Chairman Mark T. Uyeda to develop a complete regulatory framework for digital property. Commissioner Hester Peirce, generally known as “Crypto Mother” for her advocacy of truthful crypto laws, leads the initiative. The duty drive goals to shift the SEC’s stance from enforcement-driven actions to proactive policymaking whereas working with {industry} leaders to encourage innovation and shield traders.
As discussions between regulators and crypto {industry} figures proceed, the potential for a transparent and structured regulatory framework within the U.S. is turning into extra tangible.
Keep up to date on evolving digital asset laws by following {industry} leaders and regulatory bulletins.