Michael Saylor presents a digital assets framework to the SEC Crypto Task Force, proposing a structured regulatory system to strengthen U.S. leadership in digital finance.
SEC’s Crypto Task Force Meets with MicroStrategy Chairman to Discuss Digital Asset Regulation
The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with MicroStrategy’s Executive Chairman, Michael Saylor, on February 21, 2025, to discuss regulatory strategies for digital assets. According to an SEC memorandum, the discussion centered on “approaches to addressing issues related to regulation of crypto assets.”
Michael Saylor’s Digital Assets Framework Proposal
During the meeting, Saylor presented a document titled Digital Assets Framework, Principles, and Opportunity for the United States, outlining his vision for a structured regulatory framework. His proposal categorizes digital assets into six distinct classes, including digital commodities like Bitcoin and digital securities linked to equity or debt. He emphasized that a well-defined classification system is crucial for regulatory clarity and fostering innovation in the crypto sector.
Beyond classification, Saylor called for a legitimacy framework defining the rights and responsibilities of issuers, exchanges, and asset holders. He advocated for reducing regulatory friction while ensuring transparency and accountability. His approach aims to lower issuance costs, streamline transactions, and allow industry-led disclosures instead of bureaucratic oversight.
A Strategy for U.S. Financial Leadership
Saylor’s vision extends beyond regulation, positioning the United States as a global leader in digital finance. He argued that digital assets could strengthen the U.S. dollar, expand capital markets, and even help offset national debt through a Bitcoin reserve strategy.
He concluded that “by establishing a clear taxonomy, a legitimate rights-based framework, and practical compliance obligations, the United States can lead the global digital economy.”
The SEC’s Approach to Crypto Regulation
The SEC’s Crypto Task Force was established in January 2025 by Acting Chairman Mark T. Uyeda to develop a comprehensive regulatory framework for digital assets. Commissioner Hester Peirce, known as “Crypto Mom” for her advocacy of fair crypto regulations, leads the initiative. The task force aims to shift the SEC’s stance from enforcement-driven actions to proactive policymaking while working with industry leaders to encourage innovation and protect investors.
As discussions between regulators and crypto industry figures continue, the potential for a clear and structured regulatory framework in the U.S. is becoming more tangible.
Stay updated on evolving digital asset regulations by following industry leaders and regulatory announcements.
