US lawmakers will propose crypto regulation by Nov — Anthony Scaramucci
Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, has indicated that U.S. lawmakers will likely push for crypto regulation ahead of the 2026 midterm elections. In a recent interview, he mentioned that Congress members facing tight elections or primary challenges may seek to propose supportive crypto legislation before the November recess. He expressed optimism about a potential surge in legislative activity, possibly including a market structure bill. Historical context includes the Financial Innovation and Technology for the 21st Century Act (FIT21) passed by the House in 2024 but stalling in the Senate. Additionally, Scaramucci criticized former President Trump’s engagement with the crypto market, deeming it transactional and detrimental to the industry. As the 2026 elections approach, lawmakers may also face influences from political action committees (PACs) associated with crypto stakeholders, intensifying the urgency to establish clear regulations under a growing pressure from single-issue crypto voters.
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