Mike Novogratz discussed smart regulation and educating politicians about it, as well as why ether could become the biggest cryptocurrency in a recent interview – Here are the 10 best quotes

Mike Novogratz discussed smart regulation and educating politicians about it, as well as why ether could become the biggest cryptocurrency in a recent interview – Here are the 10 best quotes

Galaxy Digital CEO Mike Novogratz believes the cryptocurrency market needs strong, smart regulation and that educating politicians about the space is a key part of achieving that, he said in a Bloomberg interview . There is already a push from the industry to generate more awareness of what crypto is and what it can do. Fidelity Digital Assets, crypto exchange Coinbase and payments firm Square have group together to try to educate . In the interview, Novogratz said there was clearly a lot of work to do in educating politicians and regulators alike and, only by doing so effectively, would it be possible to properly regulate the market. He also touched on the promise of decentralized finance and how people are making money from lending on these platforms. In the interview, Novogratz discussed the ways institutions are further getting involved in the crypto-sphere and how innovation in the use of assets such as bitcoin, ether, non-fungible tokens (NTFs) and stablecoins is only going to grow. 1. "We know regulation is coming, and regulation in some ways will make the system stronger, what you are hoping is you get smart regulation, which is why I am committed and this community is