Kevin O'Leary told FINTECH.TV that American businesses are delaying blockchain projects because regulatory uncertainty persists despite passage of the GENIUS Act stablecoin law. The investor said his companies already use USDC for payments and treasury work, but compliance departments at other firms want broader rules before moving forward.
The CLARITY Act would assign oversight between the CFTC and SEC for different crypto assets. It cleared the House in July 2025 and left Senate committee in May 2026, but a procedural vote failed 49 to 50 in recent weeks. DLA Piper expects no movement until January when the new Congress starts.
Read the full story on BSC News: Kevin O'Leary Says CLARITY Act Is Needed to Unlock Institutional Crypto and Stablecoin Adoption
Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief