Kevin O'Leary expects Congress to revisit crypto legislation

Investor Kevin O'Leary stated that the failure of the CLARITY Act to pass the Senate is merely a delay. He noted that the House Ways and Means Committee is advancing the Digital Asset Tax Certainty Act, which aims to clarify tax rules for staking and mining. O'Leary predicts that Congress will be forced to address market structure issues after the midterm elections, likely in the first or second quarter of next year.