๐ฅHot off the press from Consensus 2024! Galaxy Digital CEO, Mike Novogratz, is shaking up the political landscape, advocating for crypto as a bipartisan issue.๐
Novogratz, a self-proclaimed โradical centristโ, has been lobbying in D.C., trying to bridge the political divide over crypto. He notes a recent shift in Democrats' stance on crypto, thanks to industry lobbying and endorsements from high-profile figures like former President Trump.๐๏ธ๐ผ
Recent legislative and regulatory advancements, including the House and Senate vote to repeal SAB121, the House passing a crypto bill, and major progress for ETH ETFs, have been happening at lightning speed.โก๏ธ๐
Novogratz also highlights the role of crypto-focused Super PACs and high-profile figures like Coinbase founder Brian Armstrong in pushing for reforms.๐ช๐ฐ
What's next? Novogratz predicts a stampede of traditional finance firms entering the crypto space and the potential for crypto to exert pressure to change unfavorable rules.๐๐ผ
What do you think about Novogratz's views? Let's discuss in the comments!๐๐จ๏ธ