O'Leary claims institutional adoption is stalled, calls for Clarity Act
Original headline오리어리, 기관 채택 정체 주장하며 클래리티 법안 촉구
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Kevin O’Leary, chairman of O’Leary Ventures, called for passage of the CLARITY Act, arguing that regulatory uncertainty has stalled institutional adoption of stablecoins and blockchain technology. In an X post, he said the legislation is needed “to unlock the rest,” adding that his firm uses USDC for treasury management and cross-border payments while other companies hold back until compliance departments can interpret the rules. He also linked the crypto market downturn to the adoption slowdown. The push matters because clearer U.S. rules could determine whether corporate treasuries and payment flows move further into stablecoins and on-chain infrastructure.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Kevin O'Leary, CLARITY Act, O'Leary Ventures, USDC