Add as a preferred source on GoogleScaramucci Says SEC Could Help Tokenization Reach Broad Adoption
He said it is too early to know whether adoption could reach that scale before the next administration. He separately tied the CLARITY Act’s stalled ethics talks and lost Democratic support to different causes.
SkyBridge Capital founder Anthony Scaramucci said Securities and Exchange Commission action under Chair Paul Atkins could help tokenization grow to a scale that a future chair would find difficult to slow. He presented agency action as a possible route for adoption while federal crypto legislation remains unresolved.
Scaramucci said it was too early to tell whether tokenization could reach that point before the next administration.
The CLARITY Act is intended to establish a federal framework for digital assets. A Senate procedural motion to advance the bill received 49 votes in favor and 50 against on Sept. 15, short of the 60 votes needed.
For background, see Scaramucci’s account of the bill’s bipartisan setback.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.