Michael Novogratz expects passage of Digital Asset Market Clarity Act, Jan 16, 2026

In a Jan 16, 2026 CNBC interview, Galaxy Digital CEO Michael Novogratz said he expects the Digital Asset Market Clarity Act to pass, acknowledging it is not perfect but workable. His comments followed Coinbase CEO Brian Armstrong withdrawing support two days earlier. Senate Banking Chair Tim Scott said the bill reflects bipartisan negotiations.