Strategy Executive Chairman Michael Saylor said in a Sept. 4 post on X that Americans do not need a license to discuss Bitcoin, advocate for its adoption or publicly recommend owning it. He described Bitcoin as a commodity rather than a security, while emphasizing that fraud and market manipulation remain illegal. His remarks addressed public discussion and recommendations, not activities such as selling securities, managing money, providing personalized investment advice or making misleading claims, which can carry separate legal and disclosure obligations. The Commodity Futures Trading Commission has long asserted authority over fraud and manipulation involving Bitcoin in interstate commerce, while the Securities and Exchange Commission has allowed spot Bitcoin exchange-traded products to trade on U.S. exchanges without endorsing the underlying asset. Saylor’s comments come as the Senate prepares for a 2:15 p.m. ET procedural vote on the CLARITY Act on Sept. 15. The motion to proceed requires 60 votes and would open the bill to debate and amendments, rather than send it directly to the president. The National Sheriffs’ Association has shifted from opposition to neutral, while Senator Cynthia Lummis urged the Senate to advance the measure. The proposed framework would generally place digital commodities under the Commodity Futures Trading Commission’s spot-market authority and keep assets offered as investment contracts within the Securities and Exchange Commission’s jurisdiction. Strategy has also resumed Bitcoin purchases after roughly 10 weeks without a net acquisition, buying 4,603 BTC for $369.7 million at an average price of $80,318 and increasing its holdings to 845,050 BTC. MSTR traded at $142.80 late on Sept. 4, down about 1.5% from its previous close.