Galaxy Digital GLXY CEO Mike Novogratz praised the Trump administration’s approach to crypto policy, contrasting it sharply with the Biden era, which he described as “misery, misery.”

What Happened: Speaking with CNBC on Friday, Novogratz said the current administration has been highly favorable to the cryptocurrency industry.

“The four years under Biden were really un-American when it came to crypto. It was just misery, misery,” Novogratz said.

In contrast, he noted that “this administration has been amazing for the space in general,” emphasizing that Republican support for crypto has played a key role in shaping the current policy environment.

Novogratz said the company pivoted into…

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