Michael Saylor: CFTC New Rule Will Boost Bitcoin Capital Markets

BlockBeats News, May 29, Strategy founder Michael Saylor stated in a post that the latest regulatory guidance from the Commodity Futures Trading Commission (CFTC) will boost the development of the Bitcoin capital market, including supporting 24/7 trading, BTC as collateral, perpetual contracts, options, and compliant market access.

Saylor believes that the above measures will benefit Bitcoin holders, support Strategy's (MSTR) Bitcoin strategy, and drive STRC to become a Bitcoin-backed digital credit product.