O'Leary: New Crypto Exchange M2 to Launch in Abu Dhabi, Take Business from Binance
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Kevin O'Leary says a new crypto exchange called M2 launching in Abu Dhabi will compete with and take business from Binance.
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O'Leary claims M2 will be the largest regulated crypto exchange backed by billions in capital and connections to institutions.
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M2 will be fully compliant and offer transparency, unlike "crypto cowboys" like FTX according to O'Leary.
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No Americans can use M2 due to regulations, but it aims to get half of Binance's accounts.
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There has been no official announcement yet about M2's launch, but O'Leary has promoted it before as a replacement for FTX and Binance.