Michael Saylor Proposes a Bill of Digital Rights for Asset Owners

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Michael Saylor Proposes a Bill of Digital Rights for Asset Owners
PrimeXBT Editorial Team
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Michael Saylor has proposed a bill of digital rights covering the creation, custody, and transfer of digital assets. The Strategy executive chairman laid out the plan at a Freedom Tech DC event, tying it to banking access for Bitcoin holders and a long-term vision of a $100 trillion digital asset industry.

According to CoinGape, Strategy Executive Chairman Michael Saylor has called for a "bill of digital rights" covering individuals and companies using digital assets. He presented the proposal at a Freedom Tech DC event organized by the Bitcoin Policy Institute.

Five Rights for Digital Asset Users

Saylor's framework centers on five rights covering the creation, issuance, custody, transfer, and use of digital assets. He wants those rights made available to individuals and companies under a common ownership model.

Owners should be able to choose self-custody or third-party custodians without giving up control of their assets, he argued. He also backed smoother transfers between wallets and providers, along with transparency and anti-fraud measures. On capital formation, Saylor set a goal of 10 million new companies seeking capital through streamlined procedures that digital tokens could enable.

Bitcoin Banking and Tokenization

Saylor also called for banks to hold Bitcoin as an asset and lend against it under reasonable commercial terms. He urged regulators to treat custody, collateralized lending, and direct balance-sheet exposures differently, and pointed to Basel's 1,250% risk weight for Group 2b crypto exposures as a rule policymakers should reconsider. Wider banking access, he said, could let Bitcoin owners secure loans without selling their holdings.

His plan additionally covers tokenized securities that let investors own assets directly and move them between providers, mobility that may let them check out custody, credit, and other financial services without being stuck with a single intermediary.

A $100 Trillion Outlook

Saylor supported more competition among banks, fintech firms, and technology companies offering digital dollars, and wants issuers to compete on yield while being transparent about risk. He also backed larger thresholds for routine transactions, tax relief for smaller digital asset payments, and reuse of identity checks to cut compliance duplication between institutions.

Saylor linked these proposals to the growing use of artificial intelligence in commerce, arguing that AI agents will need digital wallets, programmable payments, and banking systems that run around the clock. As these systems develop, he believes digital assets can become a $100 trillion industry, driven by broader capital formation, banking access, tokenized markets, and digital payments.

Source: CoinGape

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