Kevin O'Leary - Crypto Exchanges Will Continue to Fail
Kevin O'Leary, the investor, and Shark Tank host believe that crypto exchanges will continue to fail until regulation is in place.
Unregulated exchanges incentivize users to buy centralized tokens for discounts on trading fees due to the lack of regulation, argues O'Leary.
O'Leary acknowledges that cryptocurrencies themselves are not the issue, but rather the rogue players and unregulated exchanges that are causing problems.
He suggests that the negative elements in the crypto market will eventually disappear as the market becomes more regulated.