Saylor: No License Needed for Bitcoin Advocacy in US
Bitcoin advocacy is protected speech in the United States and does not require a financial license, according to Michael Saylor. He argues that Americans can publicly recommend the cryptocurrency because it is treated as a commodity rather than a security.
Saylor's comments come as U.S. lawmakers and regulators debate how federal oversight of digital assets should be divided and applied across the broader cryptocurrency market.
The proposed CLARITY Act aims to establish clearer boundaries between the Securities and Exchange Commission and the Commodity Futures Trading Commission, two agencies that have played central roles in the country's cryptocurrency oversight.