Crypto CEOs should cooperate with regulators to unlock future growth


Kevin O'Leary, who recently invested in a crypto aggregating platform WonderFi, called for leaders of the companies to adopt an accommodating tone, saying the current lack of compliance in the field is keeping investors at bay. O'Leary, who invests in entrepreneurs on the business reality TV show "Shark Tank," was speaking at the SALT event, one of the premier hedge fund industry conferences taking place in New York

NEW YORK: Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street's SALT conference said on Monday.

Kevin O'Leary, who recently invested in a crypto aggregating platform WonderFi, called for leaders of the companies to adopt an accommodating tone, saying the current lack of compliance in the field is keeping investors at bay.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Reservoir Link Energy appointed PETRONAS panel contractor
Stimulus measures to be enhanced
Oil little changed as market weighs mixed drivers
Asian shares subdued ahead of Nvidia results, dollar steadies near 1-week low
Zecon to partner PHB, SDEC in Sarawak projects
Manufacturing capacity utilisation hits 82.4% in 3Q24
UOA Development's net profit dips to RM48.34mil in 3Q
Velesto, PETRONAS, NOV ink MoU on drilling rig automation, robotics
PETRONAS Chemicals hit with forex losses at Pengerang joint venture
FBM KLCI slips as regional markets await Nvidia results

Others Also Read