Shark Tank investor Kevin O'Leary recently sparked a discussion about crypto, especially Bitcoin, with his latest reel on Instagram. Kevin often engages in financial, motivational, and geopolitical discussions on his media accounts. He has been on Shark Tank for a long time, and is known for his brutal honesty and sharp business deals.
In his recent post, Shark Tank's Kevin O'Leary talked about the shape of things to come thing in the United States, as far as crypto is concerned. With President Donald Trump assuming office in 2025, Kevin tells his Instagram followers it is the opinion of many people that crypto is now going to be regulated, because that is what the "big players" are paying attention to.
Kevin O'Leary said:
"Now that Trump is coming in 2025 administration, love him or hate him, people think that crypto is going to be regulated and that is gonna get a lot of institutional money interested. Particularly in Bitcoin, the 'Grandaddy of Crypto.'"
Shark Tank's Kevin O'Leary talks about exchange regulations
Explaining why these regulations are important, Kevin explained that these make "institutions" feel safe about their money. An individual or a "big player" would want to invest in exchanges that are clean and not "shady," he said, adding that there are only a few regulated exchanges in the world such as the M2 Exchange in Abu Dhabi. Kevin O'Leary said:
"Now, who's gonna benefit from that? Well, I think there will be a lot of places around the world because so much of Bitcoin specifically is not in the US. It's in Asia, the Middle East. So, where is that going to go? The M2 exchange in Abu Dhabi. Probably one of the fastest-growing exchanges in the world. Why? Because it's regulated and it doesn't have any history."
Shark Tank investor Kevin says that "institutions" will not work with felons, and that is why regulators and proper exchanges are needed. These would act as motivating factors for institutions to invest their money in crypto.
According to Kevin O'Leary, most of the Bitcoin is not in the United States. Thus, it would be Trump's new initiative to initiate regulations for the country. Talking about exchanges and the first people who had founded them, he said:
"You know the people that founded the first exchanges, they're all in prison. Well, institutions don't like felons, so they want to work with a regulator and an exchange that's completely clean."
Shark Tank's Kevin O'Leary stays active on social media where he shares the latest updates on the business and finance industry. In a recent post, he shared his plans to build an AI Data Centre in Alberta, Canada, in collaboration with his partner Frank McCourt. The two have decided to invest $70 billion in the project.
He claims that this "revolution" is happening in Canada because there is only limited power in the grid. As per his calculations, these centers require a lot of energy to work and nuclear power is still "19 years away."
Thus, they have decided to take the project to Canada. According to Kevin O'Leary, the new data center in Alberta, Canada, will be the "largest data center on Earth at the lowest energy cost."
Shark Tank episodes are released on ABC at 8 pm Eastern Time on Fridays.
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