Long-awaited regulatory clarity for U.S. cryptocurrency investors is expected to arrive by November, according to hedge fund manager Anthony Scaramucci. He stated that the Trump administration will play a role in shaping the new rules, but Democrats could also be a key player. Scaramucci highlighted the growing influence of the crypto industry in U.S. politics and the need for measures such as stablecoin legislation and a law defining cryptocurrencies as a separate asset class. He suggested that Trump's cabinet is well-positioned to help pass favorable crypto regulations.
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