Galaxy Digital Founder: If the CLARITY Act Fails to Advance, U.S. Crypto Regulation May Stagnate Long-Term

TechFlow: Galaxy Digital founder Mike Novogratz stated that if the CLARITY Act fails to advance tomorrow, the United States may struggle to establish a crypto regulatory framework for an extended period. This would be detrimental to the U.S. and could force more crypto industry companies to relocate overseas. He believes the digital asset and blockchain revolution will continue, but long-term regulatory uncertainty hinders industry development, and he called on U.S. senators from both parties to consider the bigger picture.