Anthony Scaramucci—First Crypto Laws Will Arrive by November 2025

Scaramucci emphasized that achieving institutional adoption of cryptocurrencies hinges on implementing legislative reforms—most notably, granting banks the legal capacity to conduct custodial operations with crypto assets and to serve as investors.

He anticipates that the U.S. government could potentially introduce its first pro-crypto legislative proposals by November. According to him, the high stakes of the pre-election battle are likely to keep the momentum of this legislative initiative well on track with its initial schedule.

The conversation around meme coins has become a hot-button issue, particularly with the TRUMP meme token. Scaramucci commented that while the token has negatively affected the crypto industry's reputation, it has simultaneously demonstrated the robust capabilities of the Solana blockchain, evidenced by the billions of dollars in trading volume generated during its early days.

Check out: Pump&Dump or Fair Launch? TRUMP and MELANIA Tokens Spark Controversy

He went on to draw a parallel between the evolution of traditional financial intermediaries and the shifts in telecommunications. Just as phone companies, when their long-distance revenue dried up, found innovative ways to make money, banks, too, will eventually pivot to new business models—like offering secure storage and insurance for crypto assets.

Anthony Scaramucci’s perspective radiates optimism about the future of crypto. He envisions a market where innovations and thoughtful regulatory changes converge to build a robust framework for lasting growth, regardless of the current political and economic headwinds.

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