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ScottMelker
May 16, 2025
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At Consensus 2025, Kevin O’Leary emphasized that lack of clear regulation is stalling institutional adoption of crypto, with assets under management hitting a wall due to hesitation from major investors like pension and sovereign wealth funds. He welcomed new SEC Chairman Paul Atkins, calling him crypto-friendly and a sharp contrast to former chair Gary Gensler’s aggressive enforcement style. O’Leary shared a personal story about receiving a Wells notice over a decade ago, which initially pushed him away from crypto. Now optimistic, he expects the GENIUS Act to pass within months, potentially unlocking a trillion-dollar influx into the market once broader regulatory clarity is achieved. Do you agree with him?  Source: Coindesk