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Mike Novogratz

Galaxy Digita
2026-09-15 09:46:55

Mike Novogratz says stalled Clarity bill could leave US without crypto legislation for a long time

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.

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Mike Novogratz says stalled Clarity bill could leave US without crypto legislation for a long time
Galaxy
2026-09-15 03:13:07

Galaxy CEO says stalled Clarity bill could push more crypto activity overseas

Galaxy Chief Executive Officer Mike Novogratz said the U.S. crypto industry could face a much longer wait for regulatory clarity if the Clarity bill fails to make progress. In a post cited by BlockBeats on Sept. 15, Novogratz said that if the bill does not advance "tomorrow," the market may not get crypto regulation for a long time, "if at all." He said that outcome would be "terrible" for the United States and would force more of the industry to move offshore. Novogratz added that the digital and blockchain revolution will continue regardless. He also raised the question of whether regulators such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission should be given another two years to write rules and let companies get started, while warning that prolonged uncertainty is harmful. He called on senators from both parties to look at the bigger picture.

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Galaxy CEO says stalled Clarity bill could push more crypto activity overseas
Mike Novograt
2026-07-18 22:16:30

Mike Novogratz urges bipartisan compromise to move the CLARITY Act forward

Galaxy Digital CEO Mike Novogratz called for Democrats and Republicans to reach a compromise and advance the CLARITY Act, saying the bill is critical to the future of the United States. According to his remarks, the legislation is now down to polishing language tied to ethics-related provisions. Novogratz argued that the public does not accept politicians having financial investment advantages that ordinary Americans do not have, and said lawmakers in both parties are aware of that reality and have seen the relevant polling. He urged Republican senators to apply more pressure on the White House, while also saying Democratic senators should recognize that a single digital asset bill cannot be expected to solve every form of corruption across the country. He added that Congress should show the public it can still function normally and pass legislation in the long-term interests of the American people.

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Mike Novogratz urges bipartisan compromise to move the CLARITY Act forward
Galaxy Digita
2026-07-17 17:09:33

Galaxy Signs 15-Year, $70 Million-Plus Stadium Naming Deal With Texas Tech

Galaxy Digital has struck a 15-year naming-rights agreement with Texas Tech University that will rename the school’s football venue Galaxy Stadium starting with the 2026 season. The deal, announced Friday, is worth more than $70 million and makes Galaxy the official data center and digital assets partner of Texas Tech Athletics. The arrangement extends beyond football, covering men’s and women’s basketball and creating NIL opportunities for student-athletes through branded campaigns and original content. The timing aligns with a strong moment for Texas Tech, which recently won the Big 12 and reached the College Football Playoff, with the team set to open the new stadium era on Sept. 5 against Abilene Christian. The agreement also ties into Galaxy’s broader push around its Helios campus in Dickens County, where the company is investing billions into a data-center site with 1.6 gigawatts of approved high-performance computing capacity. The move comes as Galaxy continues shifting from pure crypto trading toward AI and HPC infrastructure, even as large data-center developments in West Texas face scrutiny over water use and grid strain.

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Galaxy Signs 15-Year, $70 Million-Plus Stadium Naming Deal With Texas Tech