Saylor dey urge Crypto Taxonomy to clear digital securities
Michael Saylor don call on US regulators make dem adopt formal crypto taxonomy wey go define digital securities and sabi the difference between tokenized assets and unissued tokens. The proposed crypto taxonomy dey aim to bring regulatory clarity about crypto regulation and tokenization, e go reduce legal wahala and encourage innovation for US digital asset market. SEC crypto working group plus White House Digital Assets Market Working Group dey draft rules for custody, trading, registration, and record-keeping, while SEC Chair Paul Atkins say most tokenization innovation dey outside US, but dem wan make US still dey competitive. Congress go review the 2025 Digital Asset Market Clarity Act for September to create on-chain issuance frameworks. Meanwhile, Robinhood dey expand crypto tokenization service for Europe and plan to offer am for US, dem dey work with regulators even though their OpenAI token dey face legal scrutiny.
Bullish
Regulatory clarity through formal crypto taxonomy fit well for market. For short term, clear definition for digital securities and tokenization reduce legal uncertainty, encourage more institutional participation and trading volume. For long term, strong framework from Digital Asset Market Clarity Act go support sustainable growth for tokenized assets, drive innovation and broader adoption. Robinhood expansion of tokenization services also mean more retail access, epp further boost market confidence.