SkyBridge Capital founder Anthony Scaramucci believes former President Donald Trump is causing Democrats to move away from their perceived anti-crypto stance.
In a new report from CNBC, Scaramucci claims that since Trump, the Republican nominee for president of the United States, jumped into the crypto industry, Democrats are now starting to distance themselves from the harshest critics of Capitol Hill on crypto.
“Whatever my feelings about President Trump, I commend him for understanding the importance of this industry to the United States and I think, ironically, he is leading Democrats toward a centrist position on regulations.”
Scaramucci previously supported Trump and served as communications director in 2017 for just 10 days. He now supports Democratic vice-presidential candidate Kamala Harris.
Speaking at the annual TOKEN2049 event in Singapore, one of the world’s largest crypto conferences, Scaramucci said he and other crypto advocates are working with Harris on future regulation of digital assets if she beat Trump in the November election, according to CNBC.
“There is a group of advocates for cryptocurrency, Bitcoin, etc., who are working alongside him to move the Democratic Party away from Elizabeth Warren and (Gary Gensler).”
Warren, a Democratic senator, and Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), are widely considered anti-crypto.
Said Scaramucci,
“I think we’re making progress and I think it’s moving in the right direction…
We want crypto in the United States to have a bipartisan standard, free from political and tribal conflicts.
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