#MichaelSaylor

US Crypto Clarity Push Gains Momentum.

Michael Saylor joins the crypto industry’s call for a clear US taxonomy to define digital assets, securities, and commodities. Speaking on Strategy’s Q2 earnings call, Saylor emphasized the need for rules on tokenizing securities and distinguishing digital assets.

The White House and SEC are responding, with the SEC’s Paul Atkins noting companies are eager to tokenize but face regulatory hurdles. Congress is set to review the Digital Asset Market Clarity Act in September, which Saylor believes could unlock tokenization for millions of businesses.

Meanwhile, Robinhood is betting big on tokenization to democratize private markets, though its efforts, like issuing OpenAI and SpaceX-like tokens in Europe, have faced legal scrutiny.