MicroStrategy’s CEO opined that implementing the proper regulatory rules on the cryptocurrency industry would be highly beneficial to bitcoin. He once again praised the merits of the primary cryptocurrency, saying it is “the only investable asset” for institutions.
Clarity Would Be Good for BTC
In a recent interview for Bloomberg, the American billionaire Michael Saylor shared his views on hot cryptocurrency topics, such as regulatory supervision and bitcoin’s advantages.
According to him, regulations and clarity in the space would have a positive effect on the entire market. They can also decrease bitcoin’s volatility and raise its popularity among the general public. Institutional adoption towards the cryptocurrency would also accelerate shortly after:
“There is a need for clarity. Crypto regulations and clarity in the industry would reduce the volatility in the bitcoin space and increase public confidence in bitcoin.”
Michael Saylor, known as one of the biggest propone
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