The crypto-space needs more regulation to grow, Novogratz says By Reuters – Investing.com

The crypto-space needs more regulation to grow, Novogratz says By Reuters – Investing.com

By John McCrank

NEW YORK (Reuters) - More regulation of the cryptocurrency space is needed to help institutional investors become more comfortable with digital assets and have the burgeoning asset class really take off, Mike Novogratz, founder of crypto investment firm Galaxy Digital said on Wednesday.

"We need some regulation," he said at a conference held by Piper Sandler. "That's an unpopular opinion in crypto circles, but if you want to have institutions join the revolution, you need some regulation."