๐จ MICHAEL SAYLOR: CLARITY ACT REJECTION COULD BE A โPOSITIVE INFLECTION POINTโ FOR CRYPTO
Saylor argues the crypto industry may be better off pursuing clearer rules directly through the SEC, CFTC, Treasury and banking regulators rather than accepting restrictions in the final CLARITY compromise.
His argument:
Use the next two years to build better products.
Expand real-world adoption.
Let free-market competition drive innovation.
And allow regulators to develop the rules through existing authority.
The CLARITY Act may have hit a roadblock.
But Saylor says that doesnโt mean cryptoโs regulatory push is over.
It could mark the beginning of a different path for the industry.
#Bitcoin #Crypto #CLARITYAct #MichaelSaylor #Blockchain
Saylor argues the crypto industry may be better off pursuing clearer rules directly through the SEC, CFTC, Treasury and banking regulators rather than accepting restrictions in the final CLARITY compromise.
His argument:
Use the next two years to build better products.
Expand real-world adoption.
Let free-market competition drive innovation.
And allow regulators to develop the rules through existing authority.
The CLARITY Act may have hit a roadblock.
But Saylor says that doesnโt mean cryptoโs regulatory push is over.
It could mark the beginning of a different path for the industry.
#Bitcoin #Crypto #CLARITYAct #MichaelSaylor #Blockchain
