FTX failure led to 'regulatory headache' for crypto in US: Mike Novogratz

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FTX failure led to 'regulatory headache' for crypto in US: Mike Novogratz
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Galaxy Digital will move more of its operations offshore because of a 'regulatory headache' in the US, billionaire crypto bull Mike Novogratz says

Crypto investing giant Galaxy Digital is set to move more of its operations offshore because of a difficult regulatory environment in the US, its CEO Mike Novogratz said Tuesday.

"When I look at the short term, we still have a regulatory headache in the United States," Novogratz said on aafter the firm published its first-quarter earnings."I don't see that breaking anytime soon."

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