Michael Saylor expects the SEC, CFTC and Treasury Department to continue advancing digital asset regulations under existing laws after the CLARITY Act was blocked, without waiting for Congress to complete legislation. He also expects banks to expand Bitcoin custody and Bitcoin-collateralized lending services, while more funds flow into Bitcoin and digital credit. Saylor said the GENIUS Act could support further stablecoin adoption and that the crypto industry’s development does not need to pause because of the CLARITY Act’s stagnation.