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Michael Saylor Addresses Governments And Bitcoin

Michael Saylor has one important thing to say about governments and Bitcoin. Check out the latest reports below.

It’s been revealed that MicroStrategy CEO Michael Saylor believes crypto regulation could help attract traditional finance investors to Bitcoin (BTC).

Bitcoin and investors

In a new Fox Business interview, Saylor said that large investors would get involved in Bitcoin if the government offered regulatory clarity.

“I think it’s an immature asset class that is maturing and I think that any form of regulation is going to be good.”

He continued and pointed out the following:

“[Whether] it’s the SEC [Securities and Exchange Commission], the CFTC [Commodity Futures Trading Commission], the FASB [Financial Accounting Standards Board], the FDIC [Federal Deposit Insurance Corporation]. If any of them give guidance, the OCC [Office of the Comptroller of the Currency], it’s all going to be good for Bitcoin…”

He also said this:

“Many people take their cues from the government, like it or not. And so if the government clarifies the difference between a commodity, a security, a currency and how you can use these things, I think that opens up a much easier path for institutional investors, mainstream investors and corporations to get involved.”

Stay tuned for more news and make sure to keep your eyes on the market.

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