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Home»Regulation»Anthony Scaramucci Calls for Bipartisan Regulation of Cryptocurrencies, ‘Applauds’ Donald Trump for His Approach to Industry
Regulation

Anthony Scaramucci Calls for Bipartisan Regulation of Cryptocurrencies, ‘Applauds’ Donald Trump for His Approach to Industry

September 19, 2024No Comments2 Mins Read
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Former White House communications director and founder of SkyBridge Capital Anthony Scaramucci stressed the need for bipartisan regulation of cryptocurrencies in the United States on Wednesday

What happened:Scaramucci noted that the former president Donald TrumpDespite his negative stance on Bitcoin, he has recently taken a more positive view of the digital asset industry. “I would applaud him for his approach to the industry,” Scaramucci told CNBC, adding that the shift could encourage Democrats to follow suit.

He expressed optimism about the potential for a bipartisan approach to regulating Bitcoin and cryptocurrencies, especially with the vice president’s involvement. Kamala Harris‘steam.

In his conversations with the Harris campaign, Scaramucci observed that the team had carefully considered its position on cryptocurrency.

Benzinga's Future of Digital Assets Conference

Also read: Donald Trump’s new crypto project, World Liberty Financial: Everything you need to know

He highlighted the ongoing discussions, saying, “I think it’s incumbent on all of us to make sure that the regulation of cryptocurrencies in the United States is bipartisan.”

He also mentioned that while Harris has yet to announce her stance on cryptocurrency regulation, he is optimistic about the direction of her campaign and the possibility of pro-crypto policies emerging in the near future.

Scaramucci’s remarks reflect a growing consensus that regulation needs to be clear and cooperative, especially in a landscape where figures like Sen. Elizabeth Warren and Chairman of the SEC Gary Gensler have become more skeptical of digital assets.

And then?:Benzinga’s upcoming Future of Digital Assets event, taking place on November 19, will bring together key industry leaders and policymakers to discuss the evolving regulatory landscape.

Read more:

Image: Shutterstock

News and market data powered by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



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