Anthony Scaramucci Predicts Pro-Crypto Regulation by November
Anthony Scaramucci, who briefly held the position of communications director under President Donald Trump in 2017, has expressed optimism about the potential introduction of pro-crypto regulation in the United States by November. This prediction was made during his recent appearance at the Digital Assets Forum in London, where he elaborated on his views in an exclusive interview with the Financial Times.
Scaramucci stated, “If I’m running for re-election to Congress, I’m subjected to a two-year term, and if I don’t want to be opposed by the crypto industry, I want to be out on my front foot proposing positive crypto regulation.” He emphasized the urgency for lawmakers, noting that their campaigns must begin no later than March 2026. He highlighted that this timeline suggests that significant legislative proposals related to cryptocurrency could emerge during the typical pre-Christmas legislative rush in Congress.
“You’ll probably see it in November of this year, just before that recess,” he added, showcasing his belief in the momentum building around cryptocurrency legislation.
During Trump’s administration, he actively engaged with the crypto sector, promising a supportive stance towards digital assets. He even issued an executive order aimed at establishing a robust regulatory framework for cryptocurrencies in the U.S. Despite his ties to the former president, Scaramucci has not shied away from criticizing Trump, labeling him as an “insane lunatic” and “unwell” in the same interview, reflecting a complex relationship with the political figure.
Trump Coin: A Double-Edged Sword
In the discussion, Scaramucci also addressed Trump’s official memecoin, TRUMP, labeling it as “bad for the industry.” After launching on January 18, TRUMP saw an astonishing spike to nearly $73, but has since plummeted over 76%. Scaramucci expressed concern, stating, “It’ll scare people, it’ll make people think that the industry is a scam.” This worry underscores the volatility often associated with memecoins, which can impact public perception of the entire crypto market.
However, he acknowledged a silver lining in the situation, suggesting that TRUMP demonstrated the capabilities of the Solana blockchain. The significant trading activity surrounding the coin can be viewed as a stress test for the feasibility of tokenizing traditional assets like bonds and stocks. “If we’re really gonna tokenize things, one of the ways to test the rail system is through memecoins, whether it’s DOGE or TRUMP,” he remarked. “I think it’s helpful … I don’t like it, but that’s one of the positives of it.”
