Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor By Cointelegraph


© Reuters.

Enforcement actions on cryptocurrency firms by regulators in the United States could result in a (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor.

In a June 13 Bloomberg interview, the Bitcoin bull explained recent enforcement actions from the Securities and Exchange Commission would eventually play in favor of Bitcoin— the only crypto excluded from being a security by SEC Chair Gary Gensler.