Galaxy’s Mike Novogratz says Trump win to ‘unleash a tsunami’ of finance players into crypto – DL News
- Mike Novogratz says he is excited about favourable crypto regulations under Donald Trump.
- The billionaire says he expects a good next two years for crypto.
- He also said money will flow into the industry and crypto prices will increase.
Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital, didn’t back Donald Trump for president.
Still, the crypto billionaire is among industry bigwigs excited at the prospects of more lax crypto regulations under Trump.
Novogratz said anti-crypto policies including the controversial SAB 121 which restricts banks from servicing crypto firms will be reversed under Trump’s administration.
“It’s [SAB 121] going to get repealed very quickly,” Novogratz said on Thursday during Galaxy…
