Odaily Planet Daily News MicroStrategy founder Michael Saylor recently proposed a digital asset framework for the United States, stating: "A strategic digital asset policy can strengthen the dollar, offset national debt, and position the United States as a global leader in the digital economy of the 21st century." The framework proposes the establishment of a strategic Bitcoin reserve that "could generate between $16 trillion and $81 trillion in wealth for the U.S. Treasury to offset national debt." The proposal defines six different categories: digital commodities like Bitcoin, digital securities, digital currencies, digital tokens, NFTs, and asset-backed tokens, aimed at establishing clear roles for issuers, exchanges, and owners, while emphasizing that no participant should "lie, cheat, or steal," and defining specific rights and responsibilities for each type of participant. It also offers a simplified compliance approach and suggests compliance cost limits, with token issuance costs capped at 1% of asset management and maintenance costs capped at 0.1% per year. "Digital asset regulation must prioritize efficiency and innovation over friction and bureaucracy," the proposal states, while advocating for industry-led compliance rather than direct regulatory oversight. (Cointelegraph)

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