By USA Goldmines 
The title of the document is “Digital Assets Framework, Principles, and Opportunity for the United States”.
This document outlines a vision for the U.S. to lead the global digital economy. This emphasizes a clear taxonomy, regulatory clarity, and capital market innovation. Let’s discover more about this Digital Assets Plan.
Key Takeaways from the Framework
1. Defining Digital Assets
The document proposes a structured classification of digital assets, including:
- Digital Commodities (e.g., Bitcoin) – Assets without an issuer, backed by digital power.
- Digital Securities – Assets tied to a security (e.g., equity, bonds, or derivatives).
- Digital Currencies – Issued assets backed by fiat currency.
- Digital Tokens & NFTs – Providing utility and ownership in the digital space.
- Asset-Backed Tokens (ABTs) – Tied to real-world assets like gold or oil.
Saylor argues that a standardized taxonomy will prevent regulatory confusion and foster growth.
2. Legitimacy & Compliance
To establish trust in digital markets, the framework proposes a real-time, uninterrupted process for asset issuance and trading. Key compliance points include:
- Issuers must uphold fair disclosure and ethical behavior.
- Exchanges must protect client assets and avoid conflicts of interest.
- Owners must be allowed to self-custody their assets.
A core principle of this framework: “No one has the right to lie, cheat, or steal.”
NEW: @saylor DROPS “DIGITAL ASSETS FRAMEWORK, PRINCIPLES, AND OPPORTUNITY FOR THE UNITED STATES” DOCUMENT HE PRESENTED TO THE SEC CRYPTO TASK FORCE ON FRIDAY pic.twitter.com/1aMgQL1uyG
— DEGEN NEWS (@DegenerateNews) February 24, 2025
3. Practical Compliance for Innovation
Saylor emphasizes the need for efficient regulations over burdensome bureaucracy. The document suggests:
- Standardized disclosures to ensure transparency.
- Industry-led compliance to reduce government overreach.
- Cost limits on compliance, capping issuance at 1% of AUM and maintenance at 10 basis points annually.
The goal is to lower costs, increase speed, and boost competition.
4. A Capital Markets Renaissance
Saylor envisions a trillion-dollar economic boom driven by digital assets. Key objectives include:
- Reducing issuance time from months to hours.
- Slashing costs from $10M+ to under $100K.
- Expanding markets to 40M businesses.
- Empowering small businesses, artists, and mid-sized enterprises through tokenization.
5. Positioning the U.S. as the Global Digital Leader
The document suggests leveraging digital assets to strengthen the U.S. dollar, reduce national debt, and dominate global markets. Key projections include:
- Expanding digital capital markets from $2T to $280T.
- Driving total digital assets from $1T to $590T.
- Establishing a Bitcoin reserve to create $16T–$81T in national wealth.
Conclusions
Michael Saylor’s bold vision lays out a roadmap for the U.S. to take the bull by the horns and lead the digital economy. If policymakers adopt this framework, it could unlock trillions in wealth, empower businesses, and solidify the U.S. dollar’s dominance in the 21st century.
Disclaimer
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The post Michael Saylor Presents Digital Assets Plan to SEC Task Force appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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