Cryptocurrency exchanges should not take legal action against regulators, celebrity investor Kevin O’Leary said in an interview Tuesday.
O’Leary said that in Coinbase’s case, it was “better to sit down and work things out” with regulators, and if “US regulators don’t want pledges or loans, then so be it.” Fighting back may not work in their favor in the end.
According to O’Leary, other cryptocurrency exchanges should aim to keep regulators in their favor.