Here’s How the US Is Going To Regulate Stablecoins, According to Shark Tank’s Kevin O’Leary

Millionaire investor and Shark Tank star Kevin O’Leary is sharing his perspective on the future of stablecoin regulation in the US.

In an interview on Kitco News, O’Leary says that he welcomes regulation in the crypto space as it will validate the asset class and give institutional investors a clear ramp to push capital into cryptocurrencies.

 

O’Leary also pushes back on the notion that regulators could overstep and regulate stablecoins out of existence.

As for whether or not the government will fully introduce its own Fedcoin stablecoin, the millionaire investor thinks it’s unlikely and that governments will probably regulate stablecoin providers, such as Circle, more like traditional banks.

 

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