After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom fights and enforcement pressures would be cast away when he takes the oath of office again.
Although the idea that the United States should build a reserve of bitcoin (BTC) is currently merely a thought rather than a concrete plan, Michael Saylor thinks the proposal should – and will — get done.
The attorney generals asked the court to declare that a “digital asset transaction is not an investment contract.” The complaint names the SEC, SEC Chair Gary Gensler and the agency’s commissioners as defendants.
