MicroStrategy CEO Calls for Accelerating US Crypto Regulation

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MicroStrategy CEO Michael Saylor believes the US authorities need to take steps to speed up the adoption of legislation on digital currencies.

He has recently spoken in favor of developing a regulatory framework that would make the blockchain industry more secure and increase its attractiveness among investors.

Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), made the same call earlier. According to him, the US Congress should give his department powers this year that will allow not only to monitor market participants, but also to impose sanctions against violators of laws.

Saylor has stressed that the bankruptcy of the FTX exchange forces the US leadership to accelerate the implementation of regulatory legislation.