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Influential investor and media personality Kevin O’Leary emphasized on Wednesday the importance of passing the Clarity Act to advance the adoption of tokenization and Bitcoin by institutional investors.

Bill Needed For Global Compliance, Says O’Leary

O’Leary posted on X a clip from his fireside chat at CoinDesk’s Consensus event earlier this month, where he emphasized that without the bill’s passage, key cryptocurrency narratives will remain on the fringes for major institutional players.

“It has to become compliant globally within the SEC with an actual passage of a bill. When that occurs, it’s gonna change…