🏛️ Michael Saylor and Strategy back CLARITY Act to advance crypto rules in the U.S. Michael Saylor, executive chairman of @Strategy, and the company itself have publicly supported the CLARITY Act, the digital asset market structure bill currently being negotiated in the U.S. Senate. Saylor wrote on X: “I support advancing the CLARITY Act through bipartisan work to establish clear, durable rules, protect property rights, promote innovation, and strengthen American capital markets.” bitcoin:native The executive added that “Bitcoin will succeed with or without legislation, but America needs clarity for digital assets,” emphasizing that Bitcoin’s long-term growth does not depend on a specific law, while the United States needs a defined framework to remain competitive in financial innovation. Earlier, Strategy stated that it supports the legislation because a clear and durable market structure framework could help advance the digital asset industry and encourage broader institutional adoption in the country. The endorsement adds another influential institutional voice to the debate, as Strategy is widely recognized as the largest corporate holder of Bitcoin and Saylor remains one of the most prominent figures in the digital asset sector. The comments come as the CLARITY Act faces delays in the Senate due to bipartisan negotiations, ethics provisions and limited legislative time before the August recess. The support highlights one of the central questions surrounding the bill: whether the U.S. can establish a regulatory framework capable of attracting institutional capital and competing in the next phase of digital markets.
Crypto Economy NewsShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.