ME News reports that on July 19 (UTC+8), Mike Novogratz called for bipartisan compromise to advance the Clearing Act. Mike Novogratz, CEO of Galaxy Digital, stated that the Clearing Act is vital to America’s future and is now only awaiting final wording adjustments on ethical provisions. American citizens do not allow politicians to enjoy special advantages in financial investments that ordinary citizens do not have—both Republican and Democratic lawmakers are well aware of this and have seen relevant polling data. He urged both parties to recognize the current public sentiment: Republican senators must apply further pressure on the White House, while Democratic senators must understand that a single digital assets bill cannot solve corruption at every level across the nation. Congress must demonstrate to the public that it remains capable of fulfilling its duties and advancing legislation in the long-term interest of the American people. (Source: ODAILY)
Mike Novogratz Calls for Bipartisan Compromise to Advance the 'Clarity Act'
KuCoinFlashShare
Summary
Mike Novogratz urged Congress to advance the 'Clarity Act,' calling for bipartisan action on July 19. He said only minor wording changes remain, and both parties agree on the need for regulatory clarity. Novogratz emphasized that the bill reflects public demand for fair treatment in financial markets. With altcoins to watch gaining traction, the Fear & Greed Index remains a key barometer for market sentiment.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.