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Kevin O’Leary Expects U.S. Crypto Regulations to Come After Midterm Elections

By WebsCryptoMay 22, 20221 Min Read
Kevin O’Leary Expects U.S. Crypto Regulations to Come After Midterm Elections
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Shark Tank star Kevin O’Leary spoke about bitcoin BTC -0.31% and cryptocurrency regulation in an interview on Friday. O’Leary said U.S. cryptocurrency regulations won’t come out until after the midterm elections. O’Leary explained that U.S. President Joe Biden is not interested in discussing cryptocurrencies when his approval ratings are at an all-time low.

O’Leary also cited other factors, including double-digit inflation and high food and gasoline prices. The U.S. midterm elections are scheduled for November 8. If Republicans control one or both chambers, it would have the power to thwart the president’s plans.

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O’Leary explained that encryption isn’t one of the issues you’re going to be a supporter of when you’re down in the polls. It didn’t help him.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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