Michael Saylor Says “Big Banks” Should Be The New Bitcoin Custodians

United States News News

Michael Saylor Says “Big Banks” Should Be The New Bitcoin Custodians
United States Latest News,United States Headlines
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Crypto Blog

MicroStrategy’s Executive Chairman Michael Saylor spoke with CNBC on Thursday about the future of regulation and corporate adoption for Bitcoin , shortly after his company announced a $5.3 million BTC purchase last month.

The executive also stressed the need for the industry to “rationalize away” from the hundreds of thousands of altcoins on the market, and to focus in on Bitcoin. The billionaire has often backed the view of Gary Gensler, chairman of the Securities and Exchange Commission , in labeling most cryptocurrencies beyond Bitcoin as unregistered securities.

Until now, MicroStrategy stock has served as one legal alternative for institutions to gain spot exposure to BTC without an official ETF approved. The company has strived to accumulate as many coins as possible since 2020, now

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin price cools off, but ‘You can never have too much Bitcoin, says SaylorBitcoin price cools off, but ‘You can never have too much Bitcoin, says SaylorMicroStrategy CEO Michael Saylor says now “is a pretty ideal entry point” for Bitcoin.
Read more »

Here's Why Bitcoin Will 10X From Here: Michael SaylorHere's Why Bitcoin Will 10X From Here: Michael SaylorStephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Read more »

Michael Bruner Blasts Fans For "Discrediting" This Big Brother 25 Houseguest's GameplayMichael Bruner Blasts Fans For "Discrediting" This Big Brother 25 Houseguest's GameplayMichael Bruner may have been a beast during Big Brother 24, but he's getting backlash after blasting fans' opinions on a Big Brother 25 houseguest.
Read more »

Seattle companies' big climate pledges are big question marksSeattle companies' big climate pledges are big question marksEmissions at Amazon, Microsoft and Starbucks are all up in recent years.
Read more »

2023-24 Big Ten basketball predictions: Purdue odds, Illinois best bets and other Big Ten picks2023-24 Big Ten basketball predictions: Purdue odds, Illinois best bets and other Big Ten picksKicking off a November to remember, No. 13 LSU heads to No. 8 Alabama in our game of the week
Read more »

One Piece Cosplay Shows Off Big Mom's Wano LookOne Piece Cosplay Shows Off Big Mom's Wano LookAn awesome One Piece cosplay highlights Big Mom's big makeover in Wano!
Read more »



Render Time: 2025-02-12 04:02:58