Kevin O'Leary Demands Stricter Regulation to Boost Crypto Adoption
According to Kevin O'Leary, the chairman of O'Leary Ventures, the crypto industry's lack of regulation is hindering its ability to attract substantial institutional investment. Speaking at the Consensus 2025 conference in Toronto, O'Leary emphasized that the current regulatory ambiguity has prevented most sovereign wealth funds, pension funds, and institutional investors from making meaningful investments in digital assets. In a surprising statement, O'Leary expressed his desire for increased regulation, citing the appointment of Paul Atkins as the new chairman of the U.S. Securities and Exchange Commission as a positive development for the crypto industry. O'Leary believes that Atkins' more crypto-friendly approach will lead to clearer regulations, which in turn will pave the way for a significant influx of institutional investment. He predicts that the passage of the market infrastructure act will be a catalyst for this investment, potentially drawing in over a trillion dollars and leading to the indexing of bitcoin.