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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Kevin O'Leary Says New Law to Create First Digital US Dollar Could be Weeks Away

Shark Tank star Kevin O'Leary has been advocating for crypto for years. (Credit: Twitter / 8150 @8150Vail)

In a recent DailyMail op-ed, Shark Tank star and investor Kevin O'Leary said that US President Donald Trump's pledge to make America 'the undisputed Bitcoin superpower and the crypto capital of the world' is a major sign of an impending gold rush.

'But I won't be mining the rocks. I'm investing in the picks and shovels,' he wrote. The entrepreneur highlighted that during last week's crypto summit in New York City, Trump announced ending former President Joe Biden's 'regulatory war on crypto and Bitcoin' and urged Congress 'to pass landmark legislation creating simple, common-sense rules for stablecoins and market structure.'

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