Kevin O’Leary expects the U.S. Congress to re-examine the CLARITY crypto bill early next year.
"Shark Tank" investor Kevin O'Leary stated on Thursday that he believes Congress will revisit the CLARITY Act early next year, possibly in the first or second quarter. He thinks that with the House advancing a crypto tax bill this week, Congress will face pressure to address the regulatory framework for the crypto market. O'Leary pointed out that once crypto activities like staking and mining are taxed, there must be clear policies to regulate them. Therefore, he expects lawmakers to return to market structure legislation after the midterm elections.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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