Kevin O'Leary Predicts Congress to Revisit Clarity Act Next Year

Billionaire investor Kevin O'Leary said that with the passage of the Digital Asset Tax Clarification Act (H.R.10357), Congress is expected to revisit the Clarity Act next year. According to CoinDesk, he stated, 'The chance of the Clarity Act passing this time was 0%, and it actually did. We expect discussions on the bill to resume as early as Q1 next year.' He emphasized that with digital asset tax regulations now in place, Congress will face pressure to advance the Clarity Act, adding, 'Once taxes are imposed, policy is necessary.'