Kevin O'Leary's Insights on Crypto Regulation and Investment Strategies.
TL;DR Summary
Kevin O'Leary, a strategic investor in Canadian crypto exchange WonderFi, has advised crypto exchanges not to take legal action against regulators. He said that it would be better for Coinbase, the largest US crypto exchange, to sit down and work out any issues with regulators rather than litigate against them. The Securities and Exchange Commission (SEC) has issued a Wells Notice to Coinbase, warning that it may pursue legal action against the company for allegedly violating securities laws. O'Leary said that staying within the good graces of regulators should be what other crypto exchanges aim to do.
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