Anthony Scaramucci Says He Expects U.S. Pro-Crypto Regulation by November
Anthony Scaramucci, founder of SkyBridge Capital, predicts that pro-crypto regulation will be drafted in the U.S. by November, coinciding with the typical legislative rush before Congress's Christmas recess. In an interview, he emphasized the potential for new legislation to put digital assets on a solid footing within the country. Scaramucci also criticized Donald Trump's official memecoin, TRUMP, describing it as detrimental to the industry, suggesting it could alienate potential investors due to its speculative nature. However, he acknowledged the positive aspect of such memecoins in stress-testing blockchain networks to explore tokenization possibilities. Despite his criticisms of Trump, who he called 'an insane lunatic,' Scaramucci maintains a supportive stance towards any administration that facilitates necessary regulatory frameworks for crypto assets.
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