Strategy founder Michael Saylor said the digital asset industry would be better served by supportive rules from the SEC, CFTC, Treasury, and banking regulators than by the restrictions in the final CLARITY compromise. According to ChainCatcher, he said the safest path is to build products that satisfy customers, deploy them broadly, and protect ownership, require honest disclosure, punish fraud, and let entrepreneurs compete and grow.
Saylor said the September CLARITY compromise would have limited covered providers to paying customers only for holding payment stablecoins, while allowing qualified activity rewards and other services to grow.
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Saylor said the September CLARITY compromise would have limited covered providers to paying customers only for holding payment stablecoins, while allowing qualified activity rewards and other services to grow.
#Binance #BinanceNews
