Fox News host Lara Trump recently sat down with O’Leary Ventures president Kevin O’Leary and Pubkey co-owner Thomas Pacchia on ‘My View with Lara Trump’ to discuss the future of cryptocurrencies. O’Leary, a well-known investor and television personality, stated that she believes cryptocurrencies are on their way to becoming a mainstream part of the US financial system.
O'Leary drew attention to the evolution of cryptocurrencies, stating that the industry has left its “cowboy era” behind. According to O'Leary, most of the bad actors in this area are either out of business or facing legal consequences. He stated that the next phase of crypto adoption will be heavily regulated and integrated into traditional financial institutions.
“There’s a new tone in government,” O’Leary said. “Trump has laid it out. They’re going to put in place regulations that will integrate this with America’s financial institutions. It’s going to become a payment system, an investment vehicle. It’s going to become part of every sector of our economy. We have 11 sectors. I believe crypto will eventually become the twelfth sector.”
*This is not investment advice.