Pro-Crypto Regulation Expected In The U.S. By November, Says Scaramucci

According to CoinDesk, Anthony Scaramucci, who briefly served as U.S. President Donald Trump's communications director in 2017, anticipates the drafting of pro-crypto regulations in the United States by November. Scaramucci, the founder of SkyBridge Capital, shared his prediction during the Digital Assets Forum in London and elaborated on his views in an interview with the Financial Times. He explained that members of Congress, who face re-election every two years, may seek to avoid opposition from the crypto industry by advocating for positive crypto regulations. With campaign preparations needing to start by March 2026, Scaramucci believes that pro-crypto legislation will likely be part of the legislative flurry before the congressional Christmas recess, suggesting a November timeline for its introduction.During his presidential campaign, Trump had promised to be a pro-crypto leader and subsequently issued an executive order to establish policies supporting digital assets in the U.S. Despite his natural inclination to support any administration that advances such policies, Scaramucci has been a vocal critic of Trump, describing him as "insane" and "unwell" in the interview. Scaramucci also commented on Trump's official memecoin, TRUMP, labeling it as detrimental to the industry. The coin experienced a significant price spike to nearly $73 following its launch on January 18 but has since plummeted by over 76%. Scaramucci expressed concerns that TRUMP could damage the industry's reputation by making it appear fraudulent. However, he acknowledged that the memecoin demonstrated the capabilities of the Solana blockchain, as the substantial trading activity served as a stress test for potential tokenization of bonds or stocks. He noted that while he does not favor memecoins, they can be beneficial in testing blockchain systems.