Regulation· ★★★· bullish·

Michael Saylor Sees $100T Digital Asset Industry With Rule Changes

  • —Saylor projected the digital asset industry could reach $100 trillion
  • —He called for competition among banks, fintechs and tech platforms in digital dollars
  • —He proposed raising transaction reporting thresholds indexed to inflation
  • —He backed a tax exemption for ordinary digital asset payments
Why it matters: Saylor's proposals set the agenda for US regulators including the SEC, CFTC and Treasury amid the failure of the CLARITY Act.
Source: Bitcoin.com