Galaxy Digital CEO believes regulators should fear AI instead of crypto
Join Our Telegram channel to stay up to date on breaking news coverage Financial regulators around the world have been heavily focused on cryptocurrencies for years. In some nations, such as Japan, Korea, Singapore, and alike, the regulators are trying to enable the crypto industry by providing strict but altogether fair laws. In other regions, such as the US, regulators seem more focused on punishing projects that have done something wrong rather than coming up with appropriate crypto laws. However, the fact remains that regulators are strongly focused on blockchain and crypto while ignoring most other emerging technologies. At least, this is what Galaxy Digital’s CEO, Mike Novogratz, seems to believe. Regulators need to start paying attention to AI Novogratz recently told investors that he is shocked by the fact that regulatory attention is so focused on the crypto industry while they apparently completely ignore Artificial Intelligence (AI). According to Novogratz, this ...