United

Galaxy

<ul> 
 <li>Galaxy Digital has hired Leon Marshall as CEO to oversee its operations in Europe.</li> 
 <li>For the foreseeable future, Marshall will lead all international sales for Galaxy Digital.</li> 
</ul> 
Due to the ongoing scrutiny by U.S. authorities and strict regulatory restrictions, investment firm Galaxy Digital is moving deeper into Europe. In light of the MiCA crypto legislation, Galaxy Digital has hired a former executive from crypto broker Genesis to lead its European operations and pursue development prospects in the area. 
<a href="https://thenewscrypto.com/galaxy-digitals-mike-novogratz-backs-blackrocks-spot-bitcoin-etf/" target="_blank" rel="noreferrer noopener">Galaxy Digital</a>, the cryptocurrency firm led by billionaire <a href="https://twitter.com/novogratz?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noreferrer noopener nofollow">Mike Novogratz</a>, is setting up an office in Europe. Galaxy Digital has hired Leon Marshall as CEO to oversee its operations and connections with its most important clients in Europe. 
Michael Novogratz stated: 
<blockquote class="wp-block-quote"> 
 “We are thrilled to name Leon as the CEO of Europe, a region that is critically important to our growth strategy. Leon’s tremendous leadership skills and strong track record of developing and scaling digital asset products for European institutional investors will be invaluable to us as we continue to scale our operations in the U.K. and continental Europe aggressively.” 
</blockquote> 
<h3 class="wp-block-heading" id="h-eyeing-strategic-expansion">Eyeing Strategic Expansion</h3> 
Moreover, Marshall was named CEO of Europe after forming a partnership with asset management company DWS. In Europe, the companies will provide a variety of ETPs. Also, for the foreseeable future, Marshall will lead all international sales for Galaxy. 
Furthermore, expansion into Europe and other crypto-friendly nations like Singapore and the UAE is a priority for Galaxy Digital, as it is for other crypto businesses. Amid the crypto onslaught in the United States and the European Union’s Markets in Crypto-Assets Regulation (<a href="https://thenewscrypto.com/crypto-legal-framework-mica-gets-final-approval-by-eu-council/" target="_blank" rel="noreferrer noopener">MiCA</a>) regulation, Europe is considered as a potential market for crypto businesses. 
Highlighted Crypto News Today: 
<a href="https://thenewscrypto.com/crypto-news-mt-gox-extends-repayment-deadline-again/">Mt. Gox Extends Repayment Deadline Again. Pushed to 2024</a>

Galaxy Digital Expands Into Europe Amid Ongoing Crackdown in the U.S

Table of Contents

TheNewsCrypto

Egyéb ezen a dátumon (2023. szept. 21.) megosztott cikkek

The Future of Cardano (ADA): A Glimpse into a Potential $90 Valuation

Ethereum Displays Extreme Bearish Indicators With Declining Outflows! Here’s The Next ETH Price L...

StakeCubeCoin Wallet Release 3.4.1.1: Mandatory Update Before Block 750000

ETH Gas Fee Suddenly Soars to 300, Here's Likely Explanation

Dogecoin Price Prediction as Cryptos Consolidate…Buy DOGE NOW?

Grayscale Investments Aims High Again, Seeks SEC Approval for Ethereum Futures ETF

Join our free newsletter for daily crypto updates!