Mike Novogratz Tells Anthony Scaramucci Crypto Industry Will Lose Stablecoin Rewards Battle To Banking Lobby: 'There'll Be A Compromise'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Galaxy Digital Inc. (NASDAQ: GLXY) CEO Mike Novogratz said Wednesday that the cryptocurrency industry will have to eventually compromise on the controversial stablecoin rewards clause in the market structure bill. Will Crypto Lobby Lose Against Banking Lobby? In a discussion with SkyBridge Capital founder Anthony Scaramucci, Novogratz said the industry is “going to lose that battle” against what he descri ...