At the TOKEN2049 conference in Singapore, Anthony Scaramucci, founder of SkyBridge Capital, shared that he and a group of cryptocurrency advocates are working directly with U.S. Vice President Kamala Harris to help shape her campaign’s policies on digital assets ahead of the 2024 elections. According to Scaramucci, the group aims to guide Harris and the Democratic Party away from the positions held by Senator Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, who are both known for their critical stance toward the crypto industry.
Per a report by Dylan Butts for CNBC, Scaramucci explained that Warren and Gensler have been advocates for regulations and enforcement actions that many in the crypto space see as detrimental to the industry. While speaking at a panel at TOKEN2049, Scaramucci emphasized that Harris has been open to hearing out crypto proponents, with discussions planned for this week. He expressed optimism about the direction these conversations are heading, stating, “I believe that we are making progress, and I think it’s going in the right direction.”
Scaramucci, who is publicly backing Harris in the 2024 election, shared that he and others in the crypto community are focused on ensuring that U.S. crypto policy doesn’t become a divisive, partisan issue. He stressed the importance of creating a bipartisan framework for crypto regulation, saying, “We want crypto in the U.S. to have a bipartisan standard, unstrained from political and tribal conflicts.”
Scaramucci has previously worked in the Trump administration as Communications Director for a brief six-day period in 2017. Since then, his relationship with Trump has been strained, as he has publicly criticized the former president. Despite this, Scaramucci acknowledged Trump’s understanding of the importance of the crypto industry for the U.S. economy, even praising him for advocating crypto-friendly policies during his keynote address at the Bitcoin 2024 conference in Nashville in July 2024.
In contrast, Scaramucci noted that Harris has not yet made her stance on crypto widely known, though he is optimistic that her views may align more with the industry’s interests as the campaign progresses. The CNBC report also mentioned that BitGo CEO Mike Belshe had said at the same event that while Trump has been clear about his pro-crypto position, Harris has been less vocal, leaving her stance somewhat uncertain.
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