(The Guardian) Donald Trump’s personal cryptocurrency ventures are killing the industry’s chances of getting legislation passed, Anthony Scaramucci warned Tuesday afternoon.
“I would like the president to get out of the crypto business, because I think it’s hurting the ability to get these laws passed,” the former White House communications director for 10 days and crypto investor told the Semafor World Economy Conference.
Scaramucci, founder of SkyBridge Capital, said the Trump administration was still preferable to Biden’s, which he accused of waging an outright “war on crypto”, but that the president’s meme coin launches had become a self-inflicted wound.
“These meme coins are going to hurt us – if you’re in opposition to the president and he’s launching meme coins which are down 96, 97% right now, that’s going to hurt our ability to get the legislation done that’s important for the industry.”
He also started with a Trump-inspired joke: “I came here to talk about Jesus”.
“I would like the president to get out of the crypto business, because I think it’s hurting the ability to get these laws passed,” the former White House communications director for 10 days and crypto investor told the Semafor World Economy Conference.
Scaramucci, founder of SkyBridge Capital, said the Trump administration was still preferable to Biden’s, which he accused of waging an outright “war on crypto”, but that the president’s meme coin launches had become a self-inflicted wound.
“These meme coins are going to hurt us – if you’re in opposition to the president and he’s launching meme coins which are down 96, 97% right now, that’s going to hurt our ability to get the legislation done that’s important for the industry.”
He also started with a Trump-inspired joke: “I came here to talk about Jesus”.
