When Will US Laws That Will Ease the Crypto World Come? Millionaire Scaramucci Answered

robot
Abstract generation in progress

According to an effective name, regulatory clarity for US crypto investors has long been expected to come by November or at the latest by March 2026.

While the Trump administration may play a role in shaping the new rules, another key factor in this development could surprisingly be the Democrats. This was the message conveyed by hedge fund manager and long-time crypto investor Anthony Scaramucci during a panel discussion at the Digital Assets Forum in London on Monday.

Highlighting the increasing influence of the crypto industry on US politics, Scaramucci pointed to more than $133 million raised in campaign contributions during the 2024 election cycle.

Despite the optimism about regulatory progress under the Trump administration, Scaramucci warned crypto investors to be prepared for the full range of the former president's economic policies, including unexpected situations.

Scaramucci's comments came at a time when the Trump administration particularly shook the markets with a decision to impose a 25% import tax on Canada and Mexico. This move triggered a selling wave today and shook investors in various sectors including crypto.

Among the key regulatory priorities for the sector, there is a law defining cryptocurrencies as a separate asset class, distinct from traditional securities such as stocks and bonds, and legislation on stablecoins. Such measures will help alleviate concerns among institutional investors who are cautious about directing their clients to crypto amid uncertain regulations.

Scaramucci claimed that he is in a good position to help pass positive crypto regulations for Trump's cabinet. In particular, Trump's Commerce Secretary nominee Howard Lutnick was a supporter of Tether, while Treasury Secretary Scott Bessent had previously invested in BlackRock's Bitcoin ETF.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
  • Pin