Michael Saylor Proposed a Digital Economy Policy Framework That Advocates Allowing Bitcoin.

BlockBeats reported on Sep 26 that Strategy founder Michael Saylor published a policy framework for the digital economy, arguing that Bitcoin should be allowed to enter banking and insurance systems. Saylor said AI will significantly raise the productivity of individuals and companies, and that the digital asset era requires a digital bill of rights. Under his proposal, individuals and businesses should have five basic rights: to create, issue, custody, transfer, and use digital assets.

Simplified Issuance and Capital Access

Saylor called for simpler rules for digital asset issuance, with disclosure requirements scaled to project size. He argued this would lower financing costs and help 10 million new companies obtain capital. He also said banks, financial technology companies, and technology platforms should have a clear path to issue digital dollar products, and that issuers should be allowed to compete on yield.

Bitcoin as Digital Capital

Saylor defined Bitcoin as digital capital and urged regulators to allow banks to provide Bitcoin custody and collateral loans. He also asked for a workable path for insurance companies to include Bitcoin in balance sheets and product design. He criticized the Basel framework for assigning a 1250% risk weight to some crypto-asset exposures, calling it too strict. He said regulators should distinguish custody for clients, collateral loans, and proprietary bank holdings. In his view, bank adoption of Bitcoin could become an important driver of industry growth.

Tokenized Securities and Privacy Thresholds

For tokenized securities, Saylor said holders should have direct custody, the ability to transfer assets freely, and the right to choose different custody and credit service providers, rather than only moving traditional securities onto a blockchain. On privacy, he argued that ordinary legal transactions below a reasonable threshold such as $10,000 should not trigger routine government reporting merely because funds or digital assets move.

What Comes Next

Saylor identified the main institutions expected to push reform over the next two years as the SEC, the CFTC, the US Treasury, bank regulators, and the White House. He criticized the CLARITY Act for placing too much emphasis on restrictions, and he predicted the digital asset industry may eventually reach a $100 trillion scale. The framework is a policy proposal, not a final rule. If it influences regulators, readers may see changes in bank Bitcoin services, insurance products, digital dollar issuance, and compliance thresholds.