Tag: regulation
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‘Shark Tank’ star Kevin O’Leary slams Bitcoin as niche and poorly regulated: ‘a giant nothingburger’
"Shark Tank"/ABC “Shark Tank” investor Kevin O’Leary criticized Bitcoin as niche, illiquid, and poorly regulated.”Bitcoin is still a nothingburger, a giant nothingburger,” he said on his YouTube channel.O’Leary emphasized the potential for a global digital currency approved by regulators.Visit Business Insider’s homepage for more stories. “Shark Tank” star Kevin O’Leary dismissed Bitcoin as too niche,…
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Congressman Brad Sherman calls for a complete ban on cryptocurrency, says Bitcoin only facilitates “nefarious transactions”
Congressman Brad Sherman, a vocal critic of the crypto industry, again called for a complete ban on cryptocurrencies. Sherman stated Bitcoin had no real use other than to finance illicit activities and warned about the risks cryptocurrencies pose to the governmental and monetary equilibrium in the U.S., ” he said in an interview with Bloomberg.…