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Mike Novogratz Expects The Biden Administration To Develop Open Cryptocurrency Regulations

Mary Liu

Summary: Mike Novogratz, CEO of Galaxy Digital said in today’s CNBC interview that for the long-term development of the cryptocurrency industry, more transparent regulations are needed and any backward or tough ones will cause unexpected consequences. Regarding the incoming Biden administration, Novogratz said: “I’m hoping, you know-we get a change of the guard in 20 days-I’m hoping we ...

Mike Novogratz, CEO of Galaxy Digital said in today’s CNBC interview that for the long-term development of the cryptocurrency industry, more transparent regulations are needed and any backward or tough ones will cause unexpected consequences. Regarding the incoming Biden administration, Novogratz said: “I’m hoping, you know-we get a change of the guard in 20 days-I’m hoping we can get some more open-minded regulators.”

By Mary Liu

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