{"id":59821,"date":"2022-04-08T13:29:08","date_gmt":"2022-04-08T10:29:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59821"},"modified":"2025-09-05T00:03:17","modified_gmt":"2025-09-04T21:03:17","slug":"michael-saylor-and-cathie-wood-assess-bitcoin-regulation-risks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/michael-saylor-and-cathie-wood-assess-bitcoin-regulation-risks\/","title":{"rendered":"Michael Saylor and Cathie Wood Assess Bitcoin Regulation Risks"},"content":{"rendered":"<p>US authorities have shifted their stance on cryptocurrencies, and forthcoming regulatory steps do not raise concerns. At the Bitcoin 2022 conference, MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood said this, <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/141109\/microstrategys-saylor-and-ark-invests-wood-arent-worried-about-bitcoin-and-regulation\\\"> The Block<\/a> reports.<\/p>\n<p>\\n\\n<\/p>\n<p>Both speakers conceded that the chair of the <span data-descr=\\\"U.S. Securities and Exchange Commission\\\" class=\\\"old_tooltip\\\">SEC<\/span> Gary Gensler could have briefed US Treasury Secretary Janet Yellen on the importance of preserving innovation and cryptocurrencies.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cI don\u2019t think there is any outcome unfavourable to Bitcoin,\u201d said Saylor.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>Wood, in her view, said that the political attitude toward digital gold has shifted sharply, especially since Joe Biden took office as US president. She also contrasted them with Yellen&#8217;s statements.<\/p>\n<p>\\n\\n<\/p>\n<p>Initially, the head of the Treasury spoke of cryptocurrency as a tool for money laundering and <a href=\"https:\/\/u1f987.com\/en\/news\/u-s-treasury-secretary-janet-yellen-calls-bitcoin-a-speculative-asset\">called Bitcoin a speculative asset<\/a>. In late March 2022, Yellen<a href=\"https:\/\/u1f987.com\/en\/news\/janet-yellen-acknowledges-the-popularity-of-cryptocurrencies-among-americans\">stated the importance of digital assets<\/a> in Americans&#8217; investment decisions.<\/p>\n<p>\\n\\n<\/p>\n<p>On March 9, Biden <a href=\"https:\/\/u1f987.com\/en\/news\/biden-issues-executive-order-coordinating-federal-agencies-on-cryptocurrency-regulation\">signed<\/a> an executive order coordinating federal agencies in regulating cryptocurrencies. Before that, the president<a href=\"https:\/\/u1f987.com\/en\/news\/biden-signs-infrastructure-bill-without-cryptocurrency-amendments\">approved<\/a> a law funding infrastructure spending.<\/p>\n<p>\\n\\n<\/p>\n<p>At the end of March, Senators Cynthia Lummis and Kirsten Gillibrand disclosed details of a bill designed to provide clarity on cryptocurrency regulation. Among other things, the document clarifies the definition of broker in the infrastructure package and provides for the creation of a dedicated supervisory agency.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, the White House <a href=\"https:\/\/u1f987.com\/en\/news\/white-house-forecasts-an-additional-11-billion-in-crypto-tax-revenues\">forecasted<\/a> additional receipts of $11 billion from cryptocurrency taxes.<\/p>\n<p>\\n\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full stream of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US authorities have shifted their stance on cryptocurrencies, and forthcoming regulatory steps do not raise concerns. MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood said this at the Bitcoin 2022 conference, The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":59822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1219,1208,36,26],"class_list":["post-59821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cathie-wood","tag-michael-saylor","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=59821"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59821\/revisions"}],"predecessor-version":[{"id":59823,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59821\/revisions\/59823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59822"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}