SkyBridge Capital founder Anthony Scaramucci believes that former president Donald Trump is causing Democrats to shift away from their perceived anti-crypto position.
In a new CNBC report, Scaramucci says that since Trump, the Republican nominee for US president, is embracing the crypto industry, Democrats are now starting to distance themselves from Capitol Hill’s harshest crypto critics.
“Whatever my feelings are about President Trump, I applaud him for understanding how important this industry is for the United States, and I think ironically, he’s pulling the Democrats along into a centrist position on regulation.”
Scaramucci once supported Trump and served in 2017 as his communications director for just 10 days. He is now supporting the Democratic nominee Vice President Kamala Harris.
In speaking at the annual TOKEN2049 event in Singapore, one of the world’s largest crypto conferences, Scaramucci says he and other crypto advocates are working with Harris on the future regulations of digital assets should she beat Trump in November’s election, according to CNBC.
“There’s a group of cryptocurrency advocates, Bitcoin advocates, etc., that are working alongside her to distance the Democratic Party away from Elizabeth Warren and [Gary Gensler].”
Warren, a Democratic senator, and Gensler, chair of the U.S. Securities and Exchange Commission (SEC), are largely seen as being anti-crypto.
Says Scaramucci,
“I believe that we are making progress, and I think it’s going in the right direction…
We want crypto in the US to have a bipartisan standard unstrained from political and tribal conflicts.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Credit: Source link
