Michael Saylor, co-founder and Executive Chairman of Strategy, has met with U.S. lawmakers to promote a clear legal framework for digital assets, laying the foundation for the U.S. to become the global leader in the cryptocurrency industry.
On 27/2, on the social media platform X, Saylor emphasized:
"By building a digital economy based on a viable economic framework, robust technology, and ethical standards, we can bring capital market access to 400 million businesses and drive prosperity for 8 billion people worldwide."
Saylor met with the United States House Committee on Financial Services on 27/2 to discuss digital assets and the role of the U.S. in the global crypto industry. The meeting was attended by the Committee Chair, Representative French Hill. During the discussion, Saylor presented a legal framework to establish a robust regulatory foundation for Bitcoin and other cryptocurrencies.
Previously, Saylor also met with the U.S. Securities and Exchange Commission's (SEC) cryptocurrency task force, where he proposed a similar framework and discussed the need for clarity in the regulation of digital assets.
Representative Dan Meuser also shared on X that he had a conversation with Saylor about "the value of Bitcoin in the economy and the need for a digital asset market structure." He emphasized:
"Digital assets can open up a frictionless payment future and create new capital access opportunities."
Meuser expressed hope in the legislative efforts of the Financial Services Committee to build a comprehensive legal framework. He also mentioned President Donald Trump's commitment to making the U.S. a global cryptocurrency hub:
"I look forward to the work the Financial Services Committee will do to build a sensible legal framework, laying a solid foundation for the cryptocurrency market, thereby realizing President Trump's commitment to making America the cryptocurrency capital of the world."
These discussions take place as MicroStrategy continues to increase its Bitcoin holdings, in line with the company's strategic direction after rebranding to "Strategy." As of 23/2, the company owns 499,096 BTC, with a total purchase cost of approximately $33.1 billion, equivalent to an average price of $66,357 per BTC, accounting for more than 2.3% of the total Bitcoin supply.
Meanwhile, the legal environment in the U.S. is showing positive signs for cryptocurrencies, with increasing bipartisan support to find a balanced policy that protects investors and promotes economic innovation.
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Disclaimer: This article is for informational purposes only and not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.
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