March 17, 2025
Investor and “Shark Tank” star Kevin O’Leary believes that under President Donald Trump’s second term, cryptocurrency is transitioning out of its “cowboy era.” This shift follows significant events like the collapse of FTX in 2022 and legal actions against major figures in the crypto industry. O’Leary anticipates that with new regulations, cryptocurrencies will become more integrated with traditional financial systems, serving as both payment methods and investment vehicles. Notably, President Trump has shown increasing support for digital assets, headlining a Bitcoin conference and accepting crypto campaign donations. He also appointed David Sacks as the AI and cryptocurrency czar and signed an executive order to establish a strategic Bitcoin reserve, signaling a significant shift in the U.S. government’s approach to digital assets.
