Kevin O'Leary Sees Kamala Harris's 'Blank Slate' On Crypto As A Fresh Opportunity For Policy

09/17/2024 23:16
Kevin O'Leary Sees Kamala Harris's 'Blank Slate' On Crypto As A Fresh Opportunity For Policy

Kevin O'Leary, the outspoken investor from "Shark Tank," sees a major opportunity in Kamala Harris's "blank slate" on crypto. While former President Donald Trump has openly embraced the "crypto president" title, Harris has been mostly quiet. But to O'Leary, that silence isn't a problem – it's a potential advantage. Don't Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. According to Cathie Wood, holding 6 ethereum (ETH) could make

Kevin O'Leary Sees Kamala Harris's 'Blank Slate' On Crypto As A Fresh Opportunity For Policy

Kevin O'Leary Sees Kamala Harris's 'Blank Slate' On Crypto As A Fresh Opportunity For Policy

Kevin O'Leary, the outspoken investor from "Shark Tank," sees a major opportunity in Kamala Harris's "blank slate" on crypto. While former President Donald Trump has openly embraced the "crypto president" title, Harris has been mostly quiet. But to O'Leary, that silence isn't a problem – it's a potential advantage.

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O'Leary believes crypto regulation is coming, no matter who ends up in the White House. "This is becoming bipartisan," he said in a recent interview with Decrypt. "We're going to have crypto policy, regardless of who goes into the White House." According to O'Leary, Harris could carve her path with Trump already positioning himself as a crypto ally. Her lack of a clear stance gives her flexibility, allowing her to shape crypto policy however she wants.

"She has no track record at all, which is probably in some ways a benefit for her," O'Leary said. "She's got a blank slate. She can start bringing policy in any way she wishes."

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This open field for Harris is particularly significant because many crypto advocates have been unhappy with the Biden administration's stance on digital assets. With Harris stepping in, O'Leary thinks she has a real chance to set a new tone for how the U.S. handles crypto.

Earlier this week, Senate Majority Leader Chuck Schumer pledged to pass crypto regulation by the end of the year. He's pushing hard to ensure lawmakers don't "stick our heads in the sand" regarding digital assets. Meanwhile, O'Leary has been actively working on crypto bills in Washington for three years now and sees regulation as inevitable. It's just a matter of when, not if.

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Harris hasn't been absent from the conversation, though. Billionaire Mark Cuban, another *Shark Tank* star, mentioned that Harris's team has reached out with questions about crypto. O'Leary sees this as a good sign. He hopes that Cuban's interactions with the campaign lead to the development of a concrete crypto platform.

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For O'Leary, the future of crypto lies in policy development. "The more they do with any resource to develop policies is very good," he said. He's optimistic that Harris could bring something new to the table, but he's also aware that a lot of policy groundwork is already being laid in Washington.

In the end, O'Leary is clear: whether it's Trump or Harris, crypto regulation is coming. Harris's lack of a set stance on the issue gives her a fresh opportunity to shape the future of digital assets in the U.S.

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