Scaramucci Claims Kamala Harris “Working Alongside” BTC Advocates
- Democrats distanced themselves from Warren & Gensler’s anti-crypto crusade.
- At Token2049, SkyBridge managing partner Scaramucci hints at advising Harris.
- Harris’ campaign initiated a forum before starting to accept crypto donations.
Last Friday, SkyBridge Capital hedge fund founder Anthony Scaramucci gave a keynote speech at the Token 2049 crypto conference in Singapore. In this major annual crypto conference, Scaramucci was revealed to be working with U.S. Vice President Kamala Harris to set up a new crypto policy.
Scaramucci’s Rocky Relationship With Trump
Despite taking the Democratic side in the 2024 U.S. Presidential election, digital asset entrepreneur Scaramucci will go down in history as the shortest-serving former White House Communications Director, serving for just six days under Donald Trump in 2017.
Donald Trump “is a polarising person,” said Anthony Scaramucci. And that may end up hurting crypto in the long run.
— DL News (@DLNewsInfo) September 19, 2024
The founder of investment firm SkyBridge Capital spoke at a marquee panel at Token2049, one of crypto’s largest conferences, on Thursday.
While Scaramucci has…
Since then, the two have not been on speaking terms. Scaramucci sharply criticized Trump in several interviews, calling his ex-boss “a polarizing person” and “a grifter,” according to CNBC. When asked why Trump is pursuing a crypto-friendly agenda with bold promises to make SEC Chair Gary Gensler resign, Scaramucci asserted that “Trump just wants your vote.”
Democrats Not in Bed with Warren & Gensler?
Scaramucci highlighted that the Harris campaign’s pro-crypto move is part of a plan to distance itself from Senator Elizabeth Warren and Gary Gensler. The two have become antagonists in the crypto sphere, especially since Warren called for imposing strong anti-money laundering laws on the digital asset industry in May 2024.
Meanwhile, Gensler has been involved in various crypto firm crackdowns. In 2024 alone, SEC-imposed crypto fines totaled $4.68 billion, more than in all other years combined.
This is not a good thing. We don't want this guy as a KOL. #bitcoin . #btc #Ethereum #eth #Solana $sol
— SavageCraic.eth (@SavageCraicEth) September 20, 2024
Anthony Scaramucci says he is 'working alongside' Kamala Harris on her campaign's crypto policies https://t.co/6MJiQikWT1
Scaramucci stated that several industry professionals and Bitcoin (BTC) advocates, such as himself and Mark Cuban, are working together to develop a coherent digital asset policy. One of these initiatives is Crypto 4 Harris, a digital town hall to discuss the blockchain’s future role in the global economy.
He declared that BTC proponents are not trying to leverage crypto in garnering votes for either party: “We want crypto in the U.S. to have a bipartisan standard unstrained from political and tribal conflicts.”
On the Flipside
- Despite Scaramucci stating that “Harris has been hearing out crypto proponents,” Kamala Harris has not stated anything about crypto herself.
- BitGo CEO Mike Belshe named the silence a key reason for supporting Donald Trump, expressing hope that “maybe she’s going to switch it up.”
Why This Matters
Shaping crypto policies becomes inevitable as blockchain adoption grows to unprecedented highs. The United States strives to remain a technology trend setter, while the crypto electorate becomes increasingly vulnerable to speculation.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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