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Anthony Scaramucci says Donald Trump's memecoin ventures derailed CLARITY Act

SkyBridge founder Anthony Scaramucci blamed Donald Trump's memecoin ventures and disputes over ethics restrictions for the collapse of the CLARITY Act in the Senate.

Anthony Scaramucci speaking into a microphone during an interview or panel discussion.
Image: @cryptodotnews

SkyBridge founder Anthony Scaramucci has attributed the Senate collapse of the CLARITY Act to Donald Trump's memecoin ventures, according to reports by Coin Telegraph and Crypto Briefing. Scaramucci stated that Trump's crypto projects effectively killed the legislation by costing the bill critical Democratic support.[1][2][3]

Beyond the impact of the former president's crypto ventures, Scaramucci noted that negotiations on the bill stalled due to disagreements over ethics restrictions. He added that both sides share responsibility for the legislative setback.[1][3]

Key facts

  • SkyBridge founder Anthony Scaramucci said Donald Trump's memecoin ventures derailed the CLARITY Act.
  • Scaramucci claimed Trump's crypto projects caused the legislation to lose Democratic support.
  • Disputes over ethics restrictions also stalled negotiations on the CLARITY Act, according to Scaramucci.
  • Scaramucci said both sides were responsible for the failure of the legislation.

Sources · 3 sources

  1. CT

    Coin TelegraphArticle ·

    Trump’s memecoin ventures derailed CLARITY Act, Scaramucci says The SkyBridge founder said disputes over ethics restrictions also stalled negotiations, with both sides responsible for the setback.

    Open source
  2. CB

    Crypto BriefingArticle ·

    Scaramucci blames Trump’s memecoin for the CLARITY Act’s Senate collapse The CLARITY Act's failure highlights the complex interplay between political interests and regulatory efforts in the evolving crypto landscape. The post Scaramucci blames Trump’s memecoin for the CLARITY Act’s Senate collapse appeared first on Crypto Briefing .

    Open source
  3. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Scaramucci says Trump’s memecoins killed the CLARITY Act The SkyBridge founder blamed Trump's crypto ventures for costing the bill Democratic support, while also pointing to disagreements over ethics restrictions. https://t.co/sIuv86d4C0

    Open source