TLDR
- Anthony Scaramucci called the Clarity Act a major improvement over the current unregulated crypto environment.
- The updated bill includes ethics rules limiting federal officials from profiting through digital asset issuance or sponsorships.
- Several Senate Democrats argue that the proposed ethics and consumer protection measures remain too weak.
- The bill needs bipartisan support and at least 60 Senate votes to overcome a filibuster.
- Polymarket traders place the bill’s chance of becoming law in 2026 at 38%, down from 78% in May.
SkyBridge Capital founder Anthony Scaramucci has backed the Clarity Act as a practical step toward clearer cryptocurrency rules in the United States. He said the bill remains imperfect, but offers a better path than leaving the market under uncertain and uneven oversight.
Scaramucci argued that lawmakers and industry groups should accept the progress made through months of negotiations. He said both major parties had adjusted their positions and urged stakeholders to support the compromise rather than reject the bill because it does not meet every demand.
Clarity Act Gains Support Despite Flaws
In a post on X, Scaramucci said the Clarity Act could improve ethics rules, but still described it as far better than the current “Wild West” system. He also questioned politicians who call for compromise during negotiations, then dismiss the final result when concessions appear.
Here's what drives me crazy about Washington.
Everybody demands compromise.
Then when compromise actually happens, everybody pretends it doesn't count.
Is CLARITY perfect? No.
Could the ethics language do more? Yes.
Is it ten times better than the Wild West status quo?…
— Anthony Scaramucci (@Scaramucci) July 26, 2026
His remarks echoed calls from some crypto executives who want Congress to move forward with the Clarity Act. Supporters say the bill could give crypto firms clearer operating standards, while also defining the roles of financial regulators across the digital asset market.
Ethics Rules Remain a Key Dispute
The updated Clarity Act draft includes limits on federal officials using digital assets for personal profit while serving in office. The language would bar covered officials, including the president and vice president, from issuing or sponsoring digital assets for financial gain.
Several Senate Democrats said those measures do not go far enough. Senator Elizabeth Warren argued that the bill fails to fully address President Donald Trump’s crypto business interests. Seven Democratic senators also raised concerns about consumer safeguards, illicit finance controls, ethics, and conflicts of interest.
Senate Talks Face Political Pressure
The Clarity Act needs at least 60 Senate votes to clear a filibuster, making bipartisan support necessary. Negotiations have moved closer on some issues, but lawmakers remain divided over enforcement powers, investor protection, and rules for public officials.
Senate Majority Leader John Thune has indicated that passage before the August recess is unlikely this year. That delay has lowered expectations across prediction markets and research firms that track the bill’s chances of becoming law during 2026.
Market Odds Reflect Falling Confidence
Polymarket traders place the Clarity Act’s chance of becoming law in 2026 at 38%. Those odds stood near 78% in May, showing weaker confidence as negotiations slowed and new disputes emerged.
Galaxy Research head Alex Thorn lowered his estimate to 30%. Scaramucci, however, continues to argue that the Clarity Act should move forward because it creates a clearer base for future crypto policy.
