2min chapter

Coin Stories with Natalie Brunell cover image

Michael Saylor: Bitcoin & Lightning Network Will Transform Businesses, National Cybersecurity and Allow For Verification of AI

Coin Stories with Natalie Brunell

CHAPTER

The Lightning Network: Announcing the Future of Bitcoin

FASB's adoption of fair value accounting will make it easier for companies to put Bitcoin on the balance sheet. I think that right now the SEC has an initiative to bring crypto exchanges into regulatory compliance. As those exchanges start to register with the SEC that'll be a big deal and a big milestone forward. And I think as we see more guidance coming from the FDIC and the Treasury on how banks can custody Bitcoin I think that'll bea big deal. So I think those milestones are all ahead of us but I think we can expect them all to come in time"

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