Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Crypto Industry Could See Favorable Regulation After US Election

Crypto Industry Could See Favorable Regulation After US Election

Cryptodnes2024/07/31 19:57
By:Cryptodnes

Mike Novogratz, CEO of Galaxy Digital, has shared his outlook on the cryptocurrency industry following the upcoming US elections.

In an interview with Bankless, Novogratz predicted that regardless of the election’s outcome, the crypto sector is likely to benefit from more supportive regulations and a reduction in aggressive enforcement tactics.

He expects that a market structure bill will pass post-election, leading to changes at the Office of the Comptroller of the Currency (OCC).

Novogratz believes that the stringent regulatory actions currently impacting the crypto space will diminish, paving the way for increased trading and heightened competition as new players enter the market.

READ MORE:
Crypto Expert Predicts Major Bitcoin Upswing

Novogratz views the potential involvement of major financial institutions as a positive development, which he believes will drive growth and bring more energy to the sector.



SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like