Michael Saylor, known for his bold statements, emphasized: 'Bitcoin doesn't need this!'

cryptonews.ruPublished on 2026-08-07Last updated on 2026-08-07

Abstract

U.S. Senate Delays Crypto Clarity Act Vote to September, Prompting Reaction from Michael Saylor The U.S. Senate has postponed the vote on the CLARITY Act, a bill aimed at regulating the cryptocurrency market, until September. Following this delay, Michael Saylor, a prominent Bitcoin advocate and founder of MicroStrategy, shared his perspective. Saylor stated via X that "Bitcoin does not need clarity. America needs clarity." He argues that Bitcoin, as the market leader, does not require specific rules for its success. However, Saylor expressed support for the bill, emphasizing the need for bipartisan cooperation to establish clear, long-term rules for the wider crypto market. Such regulations would aim to protect property rights, encourage innovation, and strengthen U.S. capital markets. The CLARITY Act seeks to define clearer regulatory boundaries between the SEC and CFTC and establish a comprehensive framework for the cryptocurrency industry.

The negative aspects of the American Clarity Act, which favors the bull market for Bitcoin and altcoins, persist.

This is because the US Senate postponed the vote on the CLARITY Act bill, aimed at regulating the cryptocurrency market, until September.

Following these events, a noteworthy assessment came from Michael Saylor, the founder of Strategy, known as a staunch optimist in the market.

After the delay in the Senate hearings, Saylor, in a statement published via his X account, stated that Bitcoin does not need the CLARITY Act, but the US needs clarity.

In this context, Saylor stated that the real necessity lies in creating a clearer regulatory framework for the US cryptocurrency market.

"Bitcoin doesn't need clarity. America needs clarity."

Saylor states that he does not believe Bitcoin, which he considers the market leader, needs special regulations to succeed. However, recently, Saylor expressed support for the bill. In his statement, Saylor argues that bipartisan cooperation is necessary both for the country as a whole and for the rest of the cryptocurrency market to create clear, long-term rules, protect property rights, encourage innovation, and strengthen American capital markets.

Vote on the Clarity Act Postponed Until September!

Michael Saylor, a prominent industry figure, made this statement after the US Senate postponed the vote on the CLARITY Act bill until September.

At this point, Senate Majority Leader John Thune confirmed that the vote has not yet taken place but stated that the bill will be brought up again for consideration when the Senate resumes its work in September.

The Clarity Act aims to create a clearer framework defining which institutions will oversee which assets and activities in the cryptocurrency market. The law is expected to specifically clarify the jurisdictional boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as well as establish a comprehensive cryptocurrency market framework.

*This is not investment advice.

end-content

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
mantra
MantraMANTRA
xvs
VenusXVS
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
zrx
ZRX（0X）ZRX
cake
PancakeSwapCAKE
jst
JUSTJST

Related Questions

QWhat is the main point Michael Saylor made regarding Bitcoin and the Clarity Act?

AMichael Saylor stated that 'Bitcoin does not need clarity,' emphasizing that it is America that needs the regulatory clarity, not Bitcoin itself.

QWhy was the U.S. Senate's vote on the Clarity Act delayed?

AThe U.S. Senate delayed the vote on the Clarity Act until September. Senate Majority Leader John Thune confirmed the delay and stated the bill will be reconsidered when the Senate reconvenes in September.

QAccording to Saylor, what does America's crypto market need?

AAccording to Michael Saylor, America needs a clearer regulatory framework for the cryptocurrency market. He argues this is necessary to protect property rights, encourage innovation, and strengthen U.S. capital markets.

QWhat is the primary objective of the proposed Clarity Act?

AThe primary objective of the Clarity Act is to establish a clearer regulatory framework for the U.S. cryptocurrency market. It aims to define which agencies (like the SEC and CFTC) oversee which crypto assets and activities, creating a comprehensive market structure.

QWhat is the apparent contradiction in Michael Saylor's stance on the Clarity Act as mentioned in the article?

AThe article points out an apparent contradiction: while Saylor recently stated that Bitcoin doesn't need the Clarity Act, he had previously expressed support for the bill. He believes bipartisan cooperation is essential for creating clear, long-term rules for the broader U.S. crypto market.

Related Reads

Is This the Calm Before the Storm in the Bitcoin World? Price is Stable, But the Options Market is Falling! What Does This Mean for BTC?

While Bitcoin's price has remained stable recently, a key warning signal emerges from the options market. Despite significantly lower volatility, investors are increasingly hedging against potential short-term downside risks. Data shows a notable increase in put option volume, with 53.8% of Bitcoin options traded in the past 24 hours being puts, particularly with strike prices between $62,000 and $63,000. This indicates some investors are preparing for a near-term price drop from current levels. However, the overall market sentiment isn't entirely bearish. Calls (bullish bets) still dominate open interest at 60.7%, suggesting long-term optimism persists. Luke Dines, senior research analyst at Bitwise, notes the market currently expects limited volatility. However, he warns that low trading volume presents a significant risk, as even minor shifts in buying or selling pressure could lead to sharper-than-expected price movements. He emphasizes that stable prices do not equate to a risk-free market. In conclusion, the current situation suggests a market perspective where short-term risk hedging is intensifying and investors are bracing for potential volatility, rather than signaling an immediate expectation of a major Bitcoin decline.

cryptonews.ru24m ago

Is This the Calm Before the Storm in the Bitcoin World? Price is Stable, But the Options Market is Falling! What Does This Mean for BTC?

cryptonews.ru24m ago

Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account

Carbon, an on-chain prime broker, has publicly launched trading for its "Carbon TradFi" markets, adding over 250 traditional finance instruments (equities, indices, forex, commodities) to its platform. Each on-chain position is hedged 1:1 at regulated off-chain venues, providing institutional depth from day one. Combined with its existing 530+ crypto perpetuals and 150 round-the-clock real-world asset (RWA) markets, Carbon now offers over 950 tradeable instruments in a single self-custodied account. This structure solves the liquidity cold-start problem for on-chain TradFi by inheriting depth from established markets. Traders can access 24/7 RWA markets or Carbon TradFi markets that track traditional hours. The platform also opened its Carbon Liquidity Provider (CLP) vault, a delta-neutral yield product. Carbon, operating on Arbitrum, has processed over $20B in cumulative volume.

TheNewsCrypto34m ago

Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account

TheNewsCrypto34m ago

US Senate pushes CLARITY Act vote to September

The US Senate will delay a vote on the CLARITY Act, a major crypto market structure bill, until at least September, as Republican leaders head into an August recess without sufficient Democratic support. Senate Majority Leader John Thune confirmed the postponement, stating the bill will be prioritized upon the chamber's return. The legislation aims to create a federal regulatory framework for digital assets and clarify oversight between the SEC and CFTC. Politico reports the bill currently lacks Democratic backing, complicating its path to the 60 votes needed to overcome a filibuster. Crypto Council for Innovation CEO Ji Hun Kim called the delay "disappointing," warning it risks pushing innovation offshore and leaving consumers unprotected. While a procedural step like filing for cloture before the recess remains possible, it would not constitute an actual vote on the bill itself.

cointelegraph1h ago

US Senate pushes CLARITY Act vote to September

cointelegraph1h ago

Mother of Ondo's Founder Files Lawsuit to Remove CEO in Battle for Company Control

The mother of Ondo Finance's late founder, Nathan Allman, has sued the company's current CEO in Delaware Chancery Court over a legal dispute for control. Following Allman's death in May, which left the tokenization firm without a CEO or board director, a power struggle emerged. His mother, Kathleen Allman, was appointed estate administrator and gained voting rights to his shares. She alleges that former president Ian De Bode improperly declared himself CEO and sole director during the inheritance process, actions she claims are invalid under the company's charter as there was no board to appoint a CEO. De Bode has called the claims "baseless." The lawsuit seeks a judicial determination of legitimate control, casting uncertainty over corporate actions. Despite the dispute, Ondo states it remains focused on operations and has appointed a new CFO. The news triggered a roughly 6% drop in ONDO's token price, compounding a significant decline from its 2024 peak.

cryptonews.ru1h ago

Mother of Ondo's Founder Files Lawsuit to Remove CEO in Battle for Company Control

cryptonews.ru1h ago

Ether.fi Removes Restaking from weETH into a Separate Token

Ether.fi has separated liquid staking from restaking by removing all restaking exposure from its weETH token. WeETH is now a pure liquid staking token (LST). A new token, weETHs, powered by Symbiotic, has been introduced as the dedicated liquid restaking token. The move aims to simplify user choice between basic staking and higher-risk/higher-reward restaking, which were previously bundled together, and to eliminate combined risk. The total value locked (TVL) in Ether.fi is approximately $3.55 billion. This change occurs amid a broader Ethereum community debate on staking rewards, including a criticized proposal (EIP-8363) to burn an increasing portion of validator rewards as the staked ETH ratio grows. Ether.fi's founder argued such a change would harm small stakers and staking-based products.

cryptonews.ru1h ago

Ether.fi Removes Restaking from weETH into a Separate Token

cryptonews.ru1h ago

Trading

Spot

Hot Articles

What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. Risks Lack of Transparency: The absence of publicly known backers, developers, or an audit process may yield skepticism regarding the project's sustainability and trustworthiness. Market Volatility: The trading activity is heavily reliant on speculative behavior, which can result in significant price volatility and uncertainty for investors. Conclusion DIGITAL GOLD ($BITCOIN) emerges as an intriguing yet ambiguous project within the rapidly evolving Solana ecosystem. While it attempts to leverage the “digital gold” narrative, its departure from Bitcoin's established role as a store of value underscores the need for a clearer differentiation of its intended utility and governance structure. Future acceptance and adoption will likely depend on addressing the current opacity and defining its operational and economic strategies more explicitly. Note: This report encompasses synthesised information available as of October 2023, and developments may have transpired beyond the research period.

1.6k Total ViewsPublished 2025.05.13Updated 2025.05.13

What is $BITCOIN

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BTC (BTC) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow