Michael Saylor: Bitcoin should be regarded as digital capital, and banks should be allowed to custody BTC and provide collateral loans

Michael Saylor has released policy recommendations advocating for Bitcoin to be treated as Digital Capital, allowing banks to hold BTC under clear rules and provide credit using BTC as collateral. He also suggests that insurance companies include digital capital on their balance sheets. Michael Saylor pointed out that the Basel Accord currently uses a risk weight of 1250% for some cryptocurrency exposures, which limits the development of digital assets.