Canadian businessman Kevin O’Leary, who seems on the fact TV present Shark Tank, has seemingly softened his stance on Bitcoin after talking with Anthony ‘Pomp’ Pompliano. 

In an episode of the Pomp Podcast released at the moment, Shark Tank’s Kevin O’Leary gave the impression to be shifting previous his statements final 12 months when he declared that Bitcoin (BTC) was “not an actual forex” — although he nonetheless expressed considerations concerning the crypto asset’s volatility.

The businessman mentioned that he already owned some BTC and he may think about investing “a bit of bit extra” of his $400 million internet value within the cryptocurrency.

“I’m not towards Bitcoin, I am not towards it,” mentioned O’Leary. “However whenever you’re speaking about placing tens of millions of {dollars} to work you actually need to perceive you could assume long run about it and I’ve a sense there will be different different concepts.”

O’Leary mentioned his predominant concern over investing wherever from 1% to 2.5% of his portfolio — half what he holds in gold — into Bitcoin is the crypto asset doesn’t have the backing of regulators but:

“Possibly I’ll put a bit of bit extra [into Bitcoin] only for the heck of it. I’ve a bit of bit simply so I can watch the value but it surely bothers me after I cannot get the regulator on board.”

Nevertheless, if governments had been to get behind digital property, the businessman mentioned he would think about placing a bigger share of his portfolio into crypto. “The globe wants a digital forex,” he mentioned.

“When you advised me the Swiss and the Euro and the American and the Canadian, Australian governments agreed to no matter that’s, I’d put as much as 20% of my portfolio in it.”

The Shark Tank star’s feedback seemingly present a higher acceptance of crypto property given what he mentioned final 12 months. In a 2019 CNBC interview, O’Leary referred to crypto as a “rogue forex” as a result of one couldn’t pay taxes utilizing it and was largely unregulated:

“I’ve little interest in doing any of this crypto crap as a result of it isn’t compliant.”