Michael Saylor, co-founder and Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), met with the U.S. House Financial Services Committee on Tuesday to discuss digital assets and the country’s potential to lead the global crypto industry.
During the meeting, which included Congressman French Hill, the committee’s chairman, Saylor presented a digital assets framework aimed at establishing a strong regulatory foundation for bitcoin and other cryptocurrencies. Saylor stated on social media platform X on Feb. 27:
By building our digital economy on a framework that is economically viable, technically robust, and ethically sound, we can provide 400 million businesses access to capital markets and empower 8 billion people economically.
His engagement with the House Financial Services Committee follows a recent meeting with the U.S. Securities and Exchange Commission’s (SEC) crypto task force, where he presented the same framework and discussed regulatory clarity for digital assets.
Congressman Dan Meuser also shared on X that he met with Saylor to discuss “the value of bitcoin in our economy and the need for a digital asset market structure.” He emphasized:
Digital assets can unlock a frictionless payment future and enable new sources of access to capital.
Meuser expressed anticipation for the Financial Services Committee’s efforts in crafting comprehensive legislation, referencing former President Donald Trump’s commitment to positioning the United States as a leader in cryptocurrency innovation. “I look forward to the work the Financial Services Committee will do in crafting a commonsense legislative framework to provide clear rules of the road, fulfilling President Trump’s promise to make the U.S. the crypto capital of the world,” Meuser stated.
These discussions come as Microstrategy continues to expand its bitcoin holdings, aligning with its recent corporate rebrand to “Strategy.” As of Feb. 23, the company hodls 499,096 BTC, purchased for about $33.1 billion at an average price of $66,357 per bitcoin. Meanwhile, the regulatory environment in the U.S. is growing more favorable toward cryptocurrency, with increasing bipartisan support for policies that balance investor protection with economic innovation.
Source:news.bitcoin.com
