SkyBridge Capital founder and U.S. financier Anthony Scaramucci (앤서니 스카라무치) renewed his support for the U.S. cryptocurrency regulation bill known as the CLARITY bill.
On July 27, blockchain outlet U.Today reported that Scaramucci said an imperfect bill would be a far better alternative than the current crypto regulatory no-man's-land.
The CLARITY bill is centred on clarifying rules for digital assets in the United States. Negotiations have continued in Congress in recent months, but actual legislative progress has been limited. Scaramucci said that even in this situation, the bill's achievements should be recognised first.
He argued, in line with recent comments by Ripple executives, that perfection should not be the standard. Scaramucci said, "Democrats have already improved the bill noticeably, and Republicans have also moved. We need to take the win." He said progress was being undervalued even though the two parties had created common ground through compromise.
Disputes still remain before passage in the Senate. Current discussions are being delayed by disagreements over ethics rules, enforcement methods and other sensitive issues. Democrats have called for safeguards to prevent public officials from gaining private benefits from cryptocurrencies.
In the process, negotiations involving Republican senators and the White House have made some progress. The revised draft includes a ban preventing relevant public officials in office from issuing tokens or securing crypto-linked sponsorship deals. Some Democrats still believe concerns over ethics have not been sufficiently addressed. Some lawmakers also think investor protection measures should be strengthened further.
The gap in negotiations has narrowed from before, but an agreement is not guaranteed. Senate Majority Leader John Thune has also recently said the bill is unlikely to pass before the August recess. As the legislative schedule slips, market expectations also appear to be weakening.
Participants in prediction market Polymarket currently see a 38 percent chance that the CLARITY bill will be signed into law in 2026. That is sharply down from 78 percent in May. As talks drag on, disappointment in the industry is also growing.
Scaramucci's remarks are seen as again highlighting the view that closing regulatory gaps should take priority over perfecting the bill. In this situation, attention is focused on how far ethics rules and investor protection provisions sought by Democrats will be adjusted.
Here's what drives me crazy about Washington. Everybody demands compromise. Then when compromise actually happens, everybody pretends it doesn't count. Is CLARITY perfect? No. Could the ethics language do more? Yes. Is it ten times better than the Wild West status quo?...