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- Michael Saylor has proposed a bitcoin reserve plan to the SEC with the aim of creating up to $ 81 billion in wealth for the United States treasure.
- The CRiptographic working group of the SEC is working for a regulatory framework that balances innovation and investor protection.
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Today, it was launched that last Friday, Michael Saylor presented his proposal to the crypto task force of the SEC, describing a strategic Bitcoins reserve plan that could generate between $ 16 billion and $ 81 billion in wealth for the treasure of the treasures of the USA.
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neo: <a target="_blank" href="https://twitter.com/saylor?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>@Saylor met with him <a target="_blank" href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>@Secgov <a target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>#crypto Working group on Friday. pic.twitter.com/kklfb5mf2q
– Eleanor Terrett (@eleanorterrett) <a target="_blank" href="https://twitter.com/EleanorTerrett/status/1894057658568552925?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>February 24, 2025
The proposal aims to address the national debt, which is currently $ 36.2 billion, comprising $ 28.9 billion in public debt and $ 7.3 billion in intergovernmental debt as of February 5, 2025.
The plan is part of the “digital asset frame” of Saylor, introduced in x December 20, 2024.
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A strategic digital asset policy can strengthen the US dollar, neutralize national debt and position the United States as the world leader in the digital economy of the 21st century, which increases millions of companies, boost growth and create billions of value. https://t.co/7n7Jqpkf1
– Michael Saylor (@saylor) <a target="_blank" href="https://twitter.com/saylor/status/1870183095611093220?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>December 20, 2024
This framework seeks to provide regulatory clarity classifying digital assets in six classes: digital products, digital values, digital currencies, digital tokens, digital nft and abt digital.
Under the frame, bitcoin is classified as a digital product, which represents decentralized assets not linked to an issuer.
Other categories include capital or tokenized debt (digital values), stablocoins linked to Fiat (digital currencies), fungible utility tokens (digital tokens), unique digital arts or intellectual property representations (nft) and tokens linked to physical products (ABTS digital (ABTS Digital (ABTS Digital (ABTS Digital (Digital Abts).
To optimize the issuance process, Saylor proposes compliance costs for the limit issuance of 1% of assets under annual management and maintenance costs at 10 basic points.
The SEC established its cryptographic working group in January, recognizing the limitations of its previous approach focused on the application, which had created uncertainty in the industry.
The working group aims to develop a regulatory framework that balances innovation with the protection of investors through the participation of interested parties.
Last Thursday, Michael Saylor proposed that the United States government should acquire 20% of bitcoin's total circulation to maintain a dominant status in the global digital economy and guarantee economic empowerment.
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