Michael Saylor Targets 50M US Crypto Users After CLARITY Vote Stalls in Senate

Michael Saylor calls for the US digital-asset industry to adopt usage under existing US regulatory authority after the Senate declined to advance the CLARITY Act and expects 50 million American users before another push to Congress.

On September 15, a cloture motion to proceed to H.R. 3633 was defeated on a 49-50 vote. In either case, three-fifths of the Senate must agree to invoke cloture before it may proceed to consideration of the bill or to its final passage. Later, Sen.

Thom Tillis entered a motion to reconsider the vote. In a Strategy essay published Sep. 19, Saylor wrote that crypto companies should work to provide products that comply with 2027 & 2028 rules from the SEC, CFTC, Treasury and banking regulators.

Saylor said legislation is still a possibility where needed, but that the immediate goal should be providing compliant products to the marketplace.