Kevin O’Leary Backs HBAR, Predicts Trillions in Inflows

By: bitcoin ethereum news|2025/05/16 11:00:12
0
Share
copy
At the Consensus 2025, Kevin O’Leary, the chairman of O’Leary Ventures, opened up about why crypto has been stuck in limbo: unclear regulations. He explained that without clear rules, huge players like pension funds and sovereign wealth funds are sitting on the sidelines, hesitant to invest seriously in digital assets. Kevin also shared his experience with the US SEC as he recalled how he was hit with a Wells Notice for discussing debt tokenization. This had kept him away from the SEC for a while. However, with Gensler’s exit, the SEC has now taken a 180-degree turn, dropping many of the crypto cases that were started under Gensler. Kevin Calls For Clearer Regulations He shared that clearer regulations are now more important than ever. The sentiment has changed with the appointment of the new SEC Chair, Paul Atkins, and the “new sheriff in town” has already displayed a more crypto-friendly approach. This will make it easier to draft more supportive regulations for the crypto space. “I never thought I’d say this, but I want more regulation and I want it now,” O’Leary said. Kevin also believes that stablecoin legislation in the U.S. will eventually pass, helping digital payments grow. This will kickstart the next wave of crypto regulations, including the Market Infrastructure Act. Once the right regulations are in place, the big institutional investors will finally enter the crypto market, bringing in massive amounts of capital, especially into Bitcoin. Kevin Is A Big Shareholder in HBAR What grabbed viewers’ attention is that Kevin revealed he is a big shareholder in HBAR. He is also optimistic about projects like ETH and Avalanche and sees them more as a diversification. Once the tokens are designated as securities or commodities, he expects a large influx of capital into the top 5 tokens. He had also revealed about his investments in a range of cryptos, including Hedera, Solana, and Polygon, along with a mix of other technologies that have strong real-world use cases. Wrapping it up, Kevin said that crypto will become a key part of the economy within five years as it makes cross-border payments easier and cheaper. Source: https://coinpedia.org/news/crypto-news-kevin-oleary-backs-hbar-predicts-trillions-in-inflows/

You may also like

Should You Buy Bitcoin Now? What the Data Says After a 50% Pullback

Should you buy Bitcoin now? Explore Bitcoin's nearly 50% pullback, ETF outflows, on-chain data, Strategy's BTC sale, and historical trends to assess whether July 2026 is a buying opportunity.

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets

Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com