Mr. Wonderful is casting a glimmering light on the cryptocurrency industry, arguing it is entering a “new phase” under the Trump administration.
“The reason they’re not comfortable with it right now is they’ve watched the cowboy era of crypto, but all the crypto cowboys are in jail or out of business. So now we’re in a new phase. There’s a new tone with the government. Trump has put it forward,” O’Leary Ventures chairman Kevin O’Leary said on “My View with Lara Trump” Saturday.
“They’re going to provide regulations to allow this to become integrated with the financial institutions of America. It’s going to become a payment system, an investment vehicle. It’s going to become part of all the sectors of our economy. We have 11 sectors. Eventually, I believe crypto will be the 12th.”
TRUMP’S CRYPTO CZAR DECRIES GOVERNMENT’S LACK OF BITCOIN ‘LONG-TERM STRATEGY’
President Donald Trump made headlines on the campaign trail last year for embracing the crypto industry as a key issue for…
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