Anthony Scaramucci Predicts Pro-Crypto Legislation in the US by November

Anthony Scaramucci Predicts Pro-Crypto Legislation in the US by November

Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director under President Donald Trump, has predicted that pro-crypto regulations will be drafted in the U.S. by November.

Speaking at the Digital Assets Forum in London, Scaramucci outlined his reasoning in an interview with the Financial Times. He pointed to the political incentives driving lawmakers toward crypto-friendly policies, particularly as they gear up for re-election campaigns.

“If I’m running for re-election to Congress, which comes with a two-year term, I wouldn’t want to face opposition from the crypto industry. Instead, I’d take a proactive stance, advocating for favorable crypto regulations,” he told the FT. “With campaign cycles kicking off no later than March 2026, that leaves just a year from now to establish a solid position on the issue.”

Scaramucci expects that crypto-related legislation will be part of the flurry of bills typically pushed through before Congress adjourns for the holiday recess.

“You’ll likely see it take shape in November, ahead of that break,” he predicted.

Trump’s Role in Crypto Policy

During his presidency, Trump signaled support for digital assets, issuing an executive order to establish policies aimed at bringing regulatory clarity to the sector. Despite this, Scaramucci remains a vocal critic of the former president, referring to him in the interview as “an insane lunatic” and “unwell.”

The Controversy Over Trump’s Memecoin

Scaramucci also weighed in on the recent launch of Trump’s official memecoin, TRUMP, calling it “bad for the industry.”

Initially surging to nearly $73 following its debut on January 18, TRUMP has since plummeted over 76%.

“This kind of thing scares people and reinforces the perception that crypto is a scam,” he said.

However, he acknowledged that the token did serve one unintended purpose—demonstrating the strength of the Solana blockchain. The significant trading activity surrounding TRUMP, he noted, acted as a stress test for the network, showcasing its potential for more serious financial applications like tokenized stocks or bonds.

“If we’re truly going to tokenize assets, one way to test the infrastructure is through memecoins—whether it’s DOGE or TRUMP,” he explained. “I don’t like it, but that’s one of the positive takeaways.”