Anthony Scaramucci Gives Donald Trump ‘B+ Or A-‘ On Crypto But Warns Presidential Meme Coin, DeFi Project Risk Derailing Policy Progress
Former White House Communications Director Anthony Scaramucci has expressed concern over U.S. President Donald Trump‘s expanding involvement in the cryptocurrency industry, warning it could jeopardize bipartisan efforts to establish sound digital asset policies.
What Happened: Speaking at the Financial Times Digital Asset Summit, Scaramucci criticized what he described as “distractions” posed by Trump-related crypto ventures, including a Solana (CRYPTO: SOL)-based meme coin, a stablecoin backed by his son Eric Trump, and multiple business partnerships with entities like Crypto.com.
He argued these ventures could potentially open “pathways for corruption, bribery, and other sinister behavior.”
“Even if we give them the benefit of the doubt,” Scaramucci said of the Trump family’s crypto interests, “the presence of these ventures complicates efforts to build consensus in Washington, particularly with older legislators still skeptical about crypto.”
Scaramucci acknowledged the Trump …
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