Anthony Scaramucci Says CLARITY Act Is Dead on Arrival — Predicts Choppy Crypto Market
Summary
Anthony Scaramucci, former White House communications director, asserts that the CLARITY Act is effectively stalled due to actions taken by President Trump, including launching meme coins and pursuing controversial foreign policies. He argues these actions have created political resistance, making it difficult to secure the 60 Senate votes needed for passage. Scaramucci identifies three key reasons for the Act's likely failure: Trump's meme coin ventures, his stance on Greenland, and the ongoing U.S. military campaign in Iran. He predicts a continued “choppy” crypto market, particularly for layer-1 tokens like Solana, Avalanche, and TON, until regulatory clarity is achieved. Despite this bearish outlook, Scaramucci remains long-term bullish on Bitcoin, predicting it will eventually reach $1 million per coin, comparing its current position to Apple’s early days with the iPhone.
(Source:BeInCrypto)