Galaxy Digital CEO Mike Novogratz said the United States may fail to secure crypto legislation for a very long time, or possibly ever, if the Clarity bill does not advance in a Senate vote scheduled for Tuesday. His remarks tied the bill’s progress directly to the broader outlook for US crypto lawmaking. Novogratz also warned that any additional delay could push more of the crypto industry offshore. The comments, cited by ChainCatcher, frame the Senate vote as a critical moment for the domestic regulatory path facing the sector and highlight concerns that prolonged inaction in Washington could drive industry activity outside the US.
Galaxy Digital CEO Mike Novogratz said the United States could go without crypto legislation for a very long time, or even permanently, if the Clarity bill fails to advance in Tuesday’s Senate vote.
Novogratz also warned that further delays could force more of the crypto industry offshore.
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