Open Book with Anthony Scaramucci Iran Regime Change, Greenland Takeover, Open AI vs Anthropic, Money in Politics
Jan 21, 2026
Michael Novogratz, Founder and CEO of Galaxy Digital, dives into the intertwining worlds of crypto and politics. He shares insights from D.C. about the bipartisan push for crypto clarity ahead of the midterms. They discuss how Citizens United has altered the lobbying landscape, influencing banking sectors and digital assets. The conversation also touches on the complexities of Iran's protests and the ineffective governance in contrast to Saudi reforms, alongside critiques of Trump's Greenland comments and the competitive landscape of AI firms.
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Bipartisan Urgency To Pass Crypto Law
- U.S. lawmakers broadly want crypto legislation to pass quickly to claim political credit and avoid being anti-crypto.
- Michael Novogratz says both parties show genuine commitment and want the issue off the table before elections.
Bank Lobby Will Shape Stablecoin Rules
- The bank lobby exerts outsized influence and will likely shape stablecoin limits.
- Novogratz expects stablecoin rules to limit balance rewards while allowing limited usage rewards.
Prepare For Tokenized Credit Growth
- Watch for DeFi credit and tokenized assets to provide crypto-based credit creation over the next 3–5 years.
- Novogratz advises the industry will develop mortgage and business lending via tokenization, reducing deposit concerns.