{"id":20666,"date":"2026-01-26T20:15:17","date_gmt":"2026-01-26T20:15:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kevin-oleary-heres-when-to-expect-crypto-market-legislation\/"},"modified":"2026-01-26T20:15:25","modified_gmt":"2026-01-26T20:15:25","slug":"kevin-oleary-heres-when-to-expect-crypto-market-legislation","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kevin-oleary-heres-when-to-expect-crypto-market-legislation\/","title":{"rendered":"Kevin O\u2019Leary: Here\u2019s when to expect crypto market legislation"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Kevin O\u2019Leary says U.S. crypto market structure legislation is finally on the brink, predicting it will pass before the midterm elections despite months of delays.<\/p>\n<div id=\"cn-block-summary-block_15bbde7624c309d58fd58b3eb98c679e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The <em>Shark Tank<\/em> star gave CoinDesk his estimate of when the crypto bill will clear Congress.<\/li>\n<li>O\u2019Leary, chairman of O\u2019Leary Ventures, often praises the Trump administration\u2019s embrace of digital assets.<\/li>\n<li>Technical analysis suggests that the Strategy stock will drop to $100.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Speaking to <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CoinDesk\/status\/2015523155230556513\">CoinDesk<\/a> on Friday, the outspoken investor said he\u2019s \u201chopeful\u201d the bill could clear Congress by May 15, arguing that lawmakers\u2019 staff are now consumed by the effort. \u201cThese bills are written by staffers,\u201d the <em>Shark Tank<\/em> star said, adding they\u2019re spending \u201cprobably 80% of their day\u201d on the legislation.<\/p>\n<p>O\u2019Leary said the fight over stablecoin rewards remains the biggest holdup\u2014responsible for about 90% of the uncertainty\u2014but said he expects lawmakers to ultimately strike a compromise.<\/p>\n<p>The investor also criticized a provision that could prohibit crypto platforms from paying rewards on idle stablecoin balances, arguing it would create an uneven competitive landscape. See below.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Shark Tank investor <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/kevinolearytv?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Kevinolearytv<\/a> on the timing of crypto legislation:<\/p>\n<p>\u201cI\u2019ll give you my estimate \u2014 May 15th.\u201d <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/FBncqLN1OT\">pic.twitter.com\/FBncqLN1OT<\/a><\/p>\n<p>\u2014 CoinDesk (@CoinDesk) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/CoinDesk\/status\/2015523155230556513?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 25, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>O\u2019Leary, chairman of O\u2019Leary Ventures and a longtime cryptocurrency advocate, often praises the Trump administration\u2019s embrace of digital assets. Last year, he called it a \u201cnew phase\u201d for the industry.<\/p>\n<p>Since then, it\u2019s been a bust. <\/p>\n<p>After early optimism about a more crypto-friendly policy outlook in 2025, digital asset markets entered a sharp bear market that erased most of the year\u2019s gains by late 2025 and into 2026. <\/p>\n<p>Following a peak in October 2025, prices fell amid heightened volatility tied to global trade tensions, tariff threats, and broader macroeconomic pressures, with Bitcoin (BTC) frequently dropping below $90,000. It\u2019s currently trading at around $87,600. <\/p>\n<p>The downturn marked a reversal of the so-called \u201cTrump trade.\u201d Bitcoin retreated from record highs after proposed 100% tariffs on China in October 2025 triggered widespread liquidations. By November, roughly $1 trillion had been wiped from the total cryptocurrency market capitalization, leaving the market below levels seen at the start of the administration\u2019s second term.<\/p>\n<h3 class=\"wp-block-heading\">Volatility persists in 2026<\/h3>\n<p>Observers blame ongoing trade uncertainty, inflation concerns, and elevated interest rates for cryptocurrency volatility. Bitcoin has faced the risk of a fourth consecutive monthly decline in January, reflecting the market\u2019s continued sensitivity to macroeconomic signals.<\/p>\n<p>Policy developments have offered limited support. While the administration has taken steps toward establishing a strategic Bitcoin reserve and issued early executive orders on digital assets, those moves have so far failed to offset broader risk-off sentiment. <\/p>\n<p>O\u2019Learly, for example, told CoinDesk that he <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coindesk.com\/podcasts\/markets-daily\/why-kevin-o-leary-sold-27-crypto-positions-what-he-s-investing-in-now-or-markets-outlook\" target=\"_blank\" rel=\"nofollow\">sold<\/a> 27 crypto positions.<\/p>\n<p>Some analysts view moves like this as a necessary correction within a longer-term bull cycle, but near-term confidence remains fragile as traders await clearer signs of sustained recovery.<\/p>\n<p>Until then, crypto legislation remains a point of contention. <\/p>\n<h3 class=\"wp-block-heading\">Stablecoin Rewards<\/h3>\n<p>Galaxy Digital CEO Mike Novogratz has suggested a potential compromise under which rewards would be permitted for stablecoin usage but not for passive balances.<\/p>\n<p>Coinbase withdrew its support for the legislation hours before lawmakers were scheduled to vote, prompting an indefinite postponement of the bill\u2019s markup. CEO Brian Armstrong said the company supports a \u201clevel playing field\u201d and has advocated for users\u2019 ability to earn yields of around 3.8% on stablecoin holdings.<\/p>\n<p>Other industry leaders remain supportive. Ripple CEO Brad Garlinghouse has described the bill as a \u201cmassive step forward\u201d and has urged lawmakers and the industry to continue work on the legislation despite the delay.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin O\u2019Leary says U.S. crypto market structure legislation is finally on the brink, predicting it will pass before the midterm elections despite months of delays. Summary The Shark Tank star&hellip;<\/p>\n","protected":false},"author":1,"featured_media":20667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20666"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20666\/revisions"}],"predecessor-version":[{"id":20668,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20666\/revisions\/20668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/20667"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}