Cryptocurrency industry first hit Russia and Ukraine Even though he eats from the war, it seems that big events will not stop in these weeks.
US President Joe BidenIt was recently reported to the press that the coin will soon issue the presidential order on cryptocurrencies. This news, on the other hand, turned the situation in the crypto money industry upside down, arousing fears that serious regulations could come to cryptocurrencies. A famous name started to work so that the expected result would not happen.
Work Started for Cryptocurrency Law
Kevin O’Leary, the star host of the Shark Tank program, emphasized that he works closely with the US regulators. Expressing that he is in close contact for a cryptocurrency-friendly regulation, O’Leary noted that this will significantly increase the potential of the crypto money industry.
famous name, Cynthia Lummis He stated that he met with a group of crypto money-friendly senators, such as crypto money, and discussed crypto money regulations. O’Leary emphasized that cryptocurrencies have been abused before within this multi-party group, but that steps are currently being taken to prepare a policy regarding this.
The fact that O’Leary has officially started lobbying for cryptocurrency regulations shows that Biden’s crypto money order may not be as bad as it seems. Although regulations are perceived and touted as bad by many investors, gradual regulations may yield better results than expected.