Novogratz: Only offshore crypto exchanges with loose KYC are making real money
Mike Novogratz · Michael Novogratz – Galaxy Digital (First Meeting, EP.06) · Aug 12, 2019 · at 44:32
Galaxy Digital CEO Mike Novogratz discusses revenue generation and regulatory arbitrage across the crypto industry.
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“The only place people are making real money is in the retail exchanges, and most of them offshore where they're taking all kinds of regulatory. They have more regulatory Movement. You know, not as tight on the KYC stuff, and so Binance, and Bitfinex, and I mean, Bitmex”
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