Michael Saylor, Executive Chairman of Strategy, has renewed calls for the U.S. government to establish a clear taxonomy for digital assets. Speaking during the company’s second-quarter earnings call on Thursday, Saylor emphasized the need for regulatory clarity to support the industry’s growth and innovation. “It would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor stated , urging policymakers to define when a security can be tokenized, and how digital securities and commodities are to be distinguished. For years, the crypto industry has wrestled with regulatory uncertainty , particularly around how tokens are classified by the U.S. Securities and Exchange Commission (SEC). Saylor argued that without a standardized taxonomy, confusion would persist over which entities can issue which kinds of tokens and under what conditions. White House and SEC Move Toward Clarity Saylor’s comments follow a renewed push from the U.S. government to tackle these regulatory gray areas. On Wednesday, the White House Working Group on Digital Asset Markets urged federal regulators to speed up their efforts in clarifying rules around crypto custody, trading, registration, and recordkeeping. Securities and Exchange Commission Chair Paul Atkins echoed similar concerns during a speech Thursday, admitting that many tokenization efforts are shifting offshore due to legal obstacles in the U.S. However, he noted growing domestic interest. “Companies are lined up at our doors with requests to tokenize,” Atkins said, adding that he has instructed SEC staff to provide relief “where appropriate” to keep the U.S. competitive in the digital asset space. Meanwhile, Congress is expected to deliberate on the Digital Asset Market Clarity Act of 2025 this September . Saylor believes the proposed bill could lay the groundwork for widespread blockchain adoption, stating that ideally, “40 million businesses would be able to issue a token in four hours for $40.” Robinhood Eyes Tokenization of Real-World Assets Joining the conversation around tokenization, Robinhood CEO Vladimir Tenev highlighted his company’s ambitions during its own Q2 earnings call this week. He described tokenization as a tool to open access to traditionally exclusive private markets. “Private markets and related real-world assets are opportunities that don’t exist up until now,” said Tenev. Robinhood has already launched tokenized versions of private equity in Europe, mimicking shares of companies like OpenAI and SpaceX. However, the initiative hasn’t been without controversy. Lithuanian regulators have launched an investigation into Robinhood’s token offerings, and OpenAI has distanced itself from the tokens bearing its name, warning they are not affiliated with the company. The post Michael Saylor Urges U.S. to Define Crypto Asset Classes Clearly appeared first on TheCoinrise.com .