2025-05-07
Anthony Scaramucci, the founder of
SkyBridge Capital and former Trump staffer who served as White House
Communications Director under President Donald Trump for a notably brief period
in 2017. Appointed on July 21, 2017, his tenure lasted just 11 days, ending on
July 31, 2017.
Scaramucci says the Trump family’s involvement in cryptocurrency could
open the door to corruption and distract Congress from making clear decisions
about crypto regulation.
Scaramucci pointed to projects like
Trump’s meme coin on Solana, his firm World Liberty Financial, and a deal with
Crypto.com as examples of this distraction.
While he said the Trump
administration’s crypto work was decent—giving it a B+ or A-. He warned that
the way Trump is handling crypto now could lead to bribery or misuse of power.
He explained that these “distractions”
make it harder for older lawmakers, especially those already unsure about
crypto, to focus on serious regulation.
Scaramucci also said that instead of
using executive orders, the U.S. needs a bipartisan agreement on things like
the strategic Bitcoin reserve.
Otherwise, future presidents could
simply undo those policies, leaving the country with inconsistent crypto rules.
In short, he believes Trump's crypto policies could pave the way for stable, long-term crypto policy. On the other hand, Trump’s crypto businesses raise ethical concerns
Anthony Scaramucci has authored several
books, primarily focused on finance, entrepreneurship, and his political
experiences.
His notable works include:
