Michael Saylor: After the CLARITY Act Stalls, U.S. Regulators May Advance Crypto Regulation Under Existing Laws

BlockBeats news, September 16 — Strategy founder Michael Saylor said that with the CLARITY Act stalled, he expects the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department to continue advancing digital asset regulatory rules under existing laws without waiting for Congress to complete legislation.

Saylor expects banks to expand Bitcoin custody and Bitcoin-collateralized lending businesses, with more capital also flowing into Bitcoin and digital credit. He added that the GENIUS Act will support further stablecoin adoption, and the crypto industry's development need not pause due to the CLARITY Act's stagnation.