#SwingTradingStrategy The stablecoin bill is expected to drive interest from institutions in cryptocurrency

According to PANews, billionaire and founder and CEO of Galaxy Michael Novogratz expressed optimism about the impact of the groundbreaking stablecoin law on the cryptocurrency market. In an interview with Bloomberg Television on Wednesday, Novogratz stated that the passage of this law would attract more traditional financial institutions into the cryptocurrency space. He noted that when he founded Galaxy in 2017, he anticipated the eventual entry of institutional investors, a trend that is now becoming clear.