SkyBridge Capital Founder: US legislators will propose cryptocurrency regulation suggestions before November

The founder of SkyBridge Capital, Anthony Scaramucci, stated that congress members will take action before the 2026 midterm elections to win support from the cryptocurrency industry. In an interview published in the Financial Times on February 4th, Scaramucci suggested that American legislators in the House and Senate facing primary challenges and fierce elections in swing districts may wish to demonstrate a record of "proactive cryptocurrency legislation" before 2026. The former White House Communications Director hinted that Congress might undertake "a series of legislative activities" before adjourning for holidays in 2025, which could include a Cryptocurrency Market Structure Bill. "You might get it by this November, before recess," said Scaramucci referring to cryptocurrency regulation. "But if you don't, I don't think you'll be much later than my proposed timeline."