MicroStrategy co-founder Michael Saylor has proposed a comprehensive framework for digital asset policy, suggesting that it could transform the United States into a global leader in the digital economy. 

Sharing his vision on social media, Saylor argued that a strategic approach to digital assets could strengthen the U.S. dollar, neutralize national debt, and create trillions of dollars in value for businesses and investors.

Saylor outlined his vision in a document titled "Digital Assets Framework, Principles, and Opportunity for the United States." The framework lays out a five-pronged strategy to define, regulate, and capitalize on digital assets in a way that fosters innovation while maintaining transparency and accountability.

Central to Saylor’s proposal is the establishment of a clear taxonomy to categorize digital assets, which he argues is essential for advancing policy and fostering innovation. The framework identifies distinct classes of digital assets, including commodities like Bitcoin, securities backed by equity or debt, currencies tied to fiat money, fungible tokens offering digital utility, non-fungible tokens with unique uses, and assets backed by physical commodities such as gold or oil. Saylor emphasized that clear definitions would provide a foundation for regulatory clarity and market confidence.

The framework also stresses the importance of establishing rights and responsibilities for all stakeholders in the digital asset ecosystem, including issuers, exchanges, and owners. By creating a robust and transparent framework, Saylor believes issuers can ensure fair disclosure, exchanges can protect client assets, and owners can retain the right to self-custody while complying with local laws. The document highlights that no participant should be allowed to lie, cheat, or steal, ensuring accountability in digital asset markets.

Saylor envisions a "capital markets renaissance" fueled by tokenized assets. The framework suggests that digital asset issuance could be reduced from months to days, with costs dropping from millions to tens of thousands of dollars. He believes this transformation will unlock a wide range of investor opportunities, from tokenized real estate and intellectual property to financial instruments and products.

“By establishing a clear taxonomy, a legitimate rights-based framework, and practical compliance obligations, the United States can lead the global digital economy,” he writes. He believes this approach will unlock trillions in wealth, empower millions of businesses, and position the U.S. dollar as the foundation of the 21st-century financial system.