Mar 8, 2022 12:13 UTC
Mar 8, 2022 at 12:13 UTC
US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O’Leary
Kevin O’Leary, aka Mr. Wonderful has disclosed that a bunch of U.S. lawmakers are functioning on a policy to open crypto markets to institutional investors. “The excellent news is that they are everywhere and agree there’s tremendous chance once they pass policy,” aforementioned O’Leary.
U.S. Senators Working on Crypto Regulation for Institutional Investors
Shark Tank star Kevin O’Leary disclosed in a series of tweets Thursday that he simply had a two-way meeting with a bunch of U.S. lawmakers to debate crypto regulation.
Spent my day at the senate with a bi-partisan cluster of policy manufacturers. Who got the joke on crypto? They’re acting on policy which will open these markets to institutional investors.
O’Leary added: “The excellent news is that they are everywhere and agree there’s tremendous chance once they pass policy. Stay tuned, I left them feeling optimistic.”
The Shark Tank star additionally thanked legislator Greek deity Lummis for hosting the meeting. The pro-bitcoin legislator from Equality State replied to him via Twitter: “It was nice to own you Kevin O’leary. What a turnout (bicameral and bipartisan). massive things [are] returning. Feeling optimistic.”
Mr. Wondrous replied: “Senator Lummis is 100 percent right. Whoever detected aiming to hill and having a two-way discussion. I believed I used to be dreaming.”
In a completely different tweet last week, O’Leary opined:
Bitcoin, Ethereum, Polygon, of these blockchains — it’s all a package. The expansion rate of those new innovations is extraordinary, and there’s capital returning in from all round the world.
O’Leary has been speaking repeatedly that several institutional investors are waiting to be able to invest in bitcoin and alternative cryptocurrencies.
In February, he expects the value of bitcoin to “appreciate dramatically” in 2 to 3 years “when establishments will finally perish.” He explained that “In the assortment business, for all the publicity around bitcoin, none of these establishments own one coin. and that they don’t seem to be aiming to till their compliance departments afford the ESG mandates.”