Kevin O’Leary Calls for Crypto Regulation, Urging Action for Market Stability

Cryptocurrency leader Kevin O’Leary has called for urgent regulatory clarity in the space, citing potential market impact from both a leadership change at the SEC and institutional investor hesitance. His advocacy comes as Paul Atkins steps into Gary Gensler’s shoes as SEC chairman, potentially ushering in new regulations. O’Leary highlights that clear regulations are crucial to achieving stability and growth for the crypto sector, noting the hesitancy of institutional investors like sovereign wealth funds and pension funds who remain cautious due to current regulatory uncertainty.