Crypto CEOs should cooperate with regulators to unlock future growth: SALT panel

Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street’s SALT conference said on Monday.

Kevin O’Leary, who recently invested in a crypto aggregating platform WonderFi, called for leaders of the companies to adopt an accommodating tone, saying the current lack of compliance in the field is keeping investors at bay.

O’Leary, who invests in entrepreneurs on the business reality TV show “Shark Tank,” was speaking at the SALT event, one of the premier hedge fund industry conferences taking place in New York.