SkyBridge Capital founder Anthony Scaramucci says the Clarity Act is 'ten times better' than no crypto rules, even as ethics language draws Democratic opposition. Polymarket odds sit at 38%.
Alpha Score of 64 reflects moderate overall profile with strong momentum, moderate value, moderate quality, moderate sentiment.
SkyBridge Capital founder Anthony Scaramucci said the Clarity Act is not perfect but “ten times better” than leaving cryptocurrency unregulated, and urged the industry to “bank the win.”
In a post on X, Scaramucci called out politicians who demand “compromise” on legislation then reject it when it materializes. The updated draft of the bill, which aims to create a federal rulebook for digital assets, includes new ethics provisions that bar federal officials – including the president and vice president – from issuing or sponsoring digital assets for profit while in office.
“Is CLARITY perfect? No. Could the ethics language do more? Yes. Is it ten times better than the Wild West status quo? Obviously,” Scaramucci wrote.
Scaramucci said the bill represents a major step forward through bipartisan concessions by Democrats, Republicans, the president and the crypto industry. He acknowledged the ethics language could be stronger but argued the alternative – no federal rules at all – is worse.
The bill has also drawn support from Goldman Sachs CEO David Solomon, who backed the Clarity Act as banks push for stablecoin rules.
Sen. Elizabeth Warren (D-Mass.) called the changes insufficient, specifically regarding President Donald Trump’s cryptocurrency profits, and said the bill should be “dead on arrival.” Seven Senate Democrats who spent months negotiating the bill said in a joint statement that the latest text “falls short” on ethics, consumer protection, illicit finance, and conflicts of interest.
Stronger ethics rules targeting Trump’s crypto ties have been a non-negotiable Democratic condition for support. The bill needs 60 Senate votes to overcome a filibuster, making bipartisan agreement mathematically unavoidable.
Polymarket prices the odds of the bill becoming law in 2026 at 38%. Galaxy Research Head of Research Alex Thorn cut his odds to 30%.
The Senate has not yet scheduled a vote on the bill.
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