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    ‘America Will Be Left Behind Without Transition to Crypto,’ Says Mike Novogratz

    America is risking being left behind in the race for Crypto supremacy according to Galaxy Digital founder and Hedge Fund Manager Mike Novogratz. At the moment, it is clear to everyone that the momentum on the cryptocurrency industry is all coming from China. While Americans are fumbling on regulatory uncertainties, China is romping ahead with its blockchain and cryptocurrency future.
    Moreover, several countries, especially in Asia, have already commenced on research and development of their own state-issued cryptocurrencies. The United States is in danger of being left behind if it does not transition to the digital world. Novogratz stated that the US will lose the crypto and fintech race, and with it the reserve currency status. He said;

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