'Shark Tank' star kevinolearytv says it's a 'really stupid idea' for crypto exchanges to litigate their regulator. _franvela reports
O'Leary is a strategic investor in Canadian crypto exchange WonderFi, which plans toissued a Wells Notice to Coinbase
In Coinbase's case, O'Leary said, it would be"better to sit down and work it out" with regulators, and if a"U.S. regulator doesn't want staking or lending, so be it."last month that the exchange was"confident in the legality of our assets and services." According to O'Leary, staying within the good graces of regulators should be what other crypto exchanges aim to do.
Canada"may be the guinea pig that is forging forward with all kinds of regulation that is effectively working," O'Leary said.
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