Anthony Scaramucci (앤서니 스카라무치), a former White House communications director and the founder of SkyBridge, argued that the U.S. cryptocurrency regulation bill known as the CLARITY Act is effectively unlikely to advance in the Senate.

On March 31 local time, blockchain outlet BeInCrypto reported that he said President Donald Trump’s political choices have weakened bipartisan legislative momentum, meaning the CLARITY Act could effectively be derailed from the outset. Scaramucci also projected that the cryptocurrency market could continue in a volatile sideways phase during the current administration.

Scaramucci, who served as a presidential aide during Trump’s first term and was dismissed after 11 days, criticized Trump’s decision-making approach as contributing to deadlock. "I disagreed intensely with the president on certain issues," he said. "He does not like listening to people, and he likes people listening to him. That is a big problem in the current war."

The first reason Scaramucci cited was that Trump launched the meme coin TRUMP before taking office and took an estimated $600 million to $700 million. He said the move fueled backlash in Congress and made even Democrats who had been friendly toward crypto reluctant to hand the president a legislative win. "If you oppose President Trump, nobody is going to want to give him a political victory related to crypto policy right now," he argued.

As a second factor, he pointed to Trump’s territorial pressure over Greenland. He said Trump’s stance in invoking the sovereignty of a NATO ally pushed away lawmakers who might otherwise have participated in bipartisan regulatory talks.

As a third and most underestimated factor, he pointed to U.S. military operations involving Iran. He cited a $200 billion defense spending request and said war was consuming political bandwidth. He added that the conflict began without informing Congress.

From the standpoint of the legislative process, he also assessed that securing 60 votes in the Senate to overcome a filibuster is nearly impossible. The CLARITY Act passed the House of Representatives in July 2025 by 294 to 134, but it is stalled in the Senate amid disagreements over stablecoin profits and political friction. He warned that if the "golden time" is missed before the November 2026 midterm elections, the situation for regulation could be delayed for years.

He said the delay would keep layer-1 tokens such as Solana, Avalanche and TON tied up. Regulatory uncertainty is also intertwined with broader selling in stocks related to Digital Asset Treasury, and he said the sector is in what he described as a bear market.

Still, Scaramucci maintained a long-term bullish outlook for bitcoin. He said bitcoin could swing in the short term, but the tokenisation potential of layer-1 networks is unlikely to fully open without legislative progress. He also compared Strategy’s bitcoin accumulation to Apple’s early iPhone period and argued that today’s uncertainty could ultimately turn into universality. He also projected that, over the long term, bitcoin could reach $1 million per coin.