Saylor Backs CLARITY Act, Says Bitcoin Will Thrive Regardless
JH Kim
Summary
- Michael Saylor expressed support for the CLARITY Act, a U.S. market-structure bill for digital assets.
- Saylor called for swift passage of the CLARITY Act to establish clear and durable rules, protect property rights, and strengthen U.S. capital markets.
- Saylor said Bitcoin (BTC) will succeed regardless of whether the law is enacted, but stressed that a clear regulatory framework is needed to support growth in the digital-asset industry.
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Michael Saylor, founder of Strategy (MSTR), expressed support for the CLARITY Act, a U.S. market-structure bill for digital assets.
Writing on X, formerly Twitter, on August 31, Saylor said he supports bipartisan cooperation to establish clear and durable rules, protect property rights, foster innovation and strengthen U.S. capital markets. He urged swift passage of the CLARITY Act.
He also said Bitcoin will succeed whether or not the legislation is enacted. Still, he stressed that the U.S. needs a clear regulatory framework to support growth in the digital-asset industry.
JH Kim
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