Scaramucci Backs Clarity Act, but One Fight Remains

TLDR

• Anthony Scaramucci called the Clarity Act a major improvement over the current unregulated crypto environment.
• The updated bill includes ethics rules limiting federal officials from profiting through digital asset issuance or sponsorships.
• Several Senate Democrats argue that the proposed ethics and consumer protection measures remain too weak.
• The bill needs bipartisan support and at least 60 Senate votes to overcome a filibuster.
• Polymarket traders place the bill’s chance of becoming law in 2026 at 38%, down from 78% in May.

SkyBridge Capital founder Anthony Scaramucci has backed the Clarity Act as a practical step toward clearer cryptocurrency rules in the United States. He said the bill remains imperfect, but offers a better path than leaving the market under uncertain and uneven oversight.

Scaramucci argued that lawmakers and industry groups should accept the progress made through months of negotiations. He said both major parties had adjusted their positions and urged stakeholders to support the compromise rather than reject the bill because it does not meet every demand.

… Continue reading the full article at the original source below.