Crypto regulation is Coming Regardless of the US Presidential Election Winner, Says Kevin O'Leary
CryptoNewsTerminal Staff18 Aug, 2024
Crypto regulation is Coming Regardless of the US Presidential Election Winner, Says Kevin O'Leary
Crypto Regulation Coming Regardless of Who Wins US Presidential Election In a recent interview with Decrypt, billionaire entrepreneur and venture capitalist Kevin O'Leary stated that "crypto regulation is coming regardless of whether Trump or Harris gets into the White House." O'Leary, who is also a well-known investor on the TV show Shark Tank, explained that "Trump is now pro-crypto but Harris still has no position. But that silence could be an opportunity for him; he's a blank slate, at least on crypto policy, to come up with whatever he wants and enforce it." O'Leary's comments echo the growing consensus among experts that regulation of the cryptocurrency industry is inevitable. As the industry continues to grow and mature, it is becoming increasingly clear that it needs to be subject to the same rules and regulations as other financial markets. The question of how regulation will be implemented and enforced is still up in the air, but it is clear that it is coming. Crypto businesses and investors would be wise to start preparing for it now.
