Michael Saylor, CEO of MicroStrategy, has introduced an innovative framework to shape the future of digital assets in the U.S. His proposal categorizes digital assets into six classes, including digital commodities like Bitcoin and digital NFTs, to establish clear guidelines and foster innovation.
The framework emphasizes accountability, defining rights and responsibilities for issuers, exchanges, and owners. Issuers must ensure transparency, exchanges are tasked with safeguarding client assets, and owners are encouraged to comply with local laws. This structure aims to build trust in digital asset markets.
Saylor also advocates for practical compliance measures, such as standardized disclosures and cost-effective processes, to encourage rapid growth. His vision includes a "capital markets renaissance," enabling faster asset issuance, reduced costs, and broader access to investment opportunities for businesses and individuals.
By adopting this framework, Saylor believes the U.S. could lead the global digital economy, solidify the dollar as a reserve digital currency, and even create a strategic Bitcoin reserve to generate trillions in wealth. His proposal is a bold step toward unlocking economic opportunities and shaping the future of finance.
