Kevin O'Leary Pins Institutional Crypto Freeze on 2 Pending US Bills

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According to posts by Shark Tank investor Kevin O'Leary, regulatory uncertainty rather than Bitcoin price declines is the primary barrier to institutional adoption of stablecoins and blockchain technology. O'Leary cited two pending U.S. legislative proposals—the GENIUS Act and the CLARITY Act—as essential to unlocking corporate treasury commitments. His company uses Circle's USDC for cross-border settlement and treasury management, demonstrating the technology is operationally viable; however, O'Leary noted that compliance and legal teams at larger financial institutions will not authorize similar deployments without a clear regulatory framework in place.
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