Novogratz warns Clarity Act delay could prolong crypto’s regulatory uncertainty

  • Mike Novogratz warned that Clarity Act inaction could delay a crypto regulatory framework.
  • The Galaxy Digital founder said more industry activity could move overseas.
  • Novogratz said the digital and blockchain revolution would continue despite regulatory uncertainty.

Galaxy Digital founder Mike Novogratz said the crypto industry could remain without a regulatory framework for a long time if the Clarity Act fails to advance tomorrow. He warned that prolonged uncertainty could push more crypto activity overseas, although the digital and blockchain revolution would continue. Novogratz urged bipartisan senators to view the issue from an overall perspective.

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