Summary
- Anthony Scaramucci predicted that the US Congress is likely to push legislation favorable to the cryptocurrency industry before the midterm elections.
- Members of the House and Senate are expected to emphasize pro-cryptocurrency legislative activities in competitive districts.
- Political Action Committees (PACs) linked to the cryptocurrency industry are expected to play a significant role in shaping the election landscape.
According to Cointelegraph, a cryptocurrency-focused media outlet, Anthony Scaramucci, founder of the US hedge fund SkyBridge Capital, predicted that "the US Congress is likely to push legislation favorable to the cryptocurrency industry ahead of next year's midterm elections."
He stated, "Members of the House and Senate will likely emphasize pro-crypto legislative activities during competitive district and primary election processes," adding that "there is a high possibility that related legislation will emerge before the November recess this year."
Furthermore, he noted, "Political Action Committees (PACs) linked to the cryptocurrency industry will play a significant role in the midterm elections," and "financial resources will influence the election landscape."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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