Anthony Scaramucci Voices Support for Trump's Position on Bitcoin

Former White House Communications Director Anthony Scaramucci, a prominent figure in the finance world and now a vocal critic of his former boss Donald Trump

Former White House Communications Director Anthony Scaramucci, who left the Trump administration after just 11 days on the job, voiced his support for Trump’s position on Bitcoin (CRYPTO: BTC) on Sunday.

What Happened: Scaramucci, who is now a prominent figure in the finance world and a vocal critic of his former boss, took to X to express his approval of Republican policies that are aiding the crypto industry.

Scaramucci also agreed with statements made by former President Trump regarding Bitcoin at the Bitcoin Conference in Nashville on Saturday.

Just to be clear: I am a bitcoiner and I applaud the policies decisions that the republicans are making to help the industry. I agree with every single thing that Pres Trump said related to bitcoin. Moreover, I praised him from the stage yesterday on forcing the issue and…

Scaramucci praised Trump for “forcing the issue and bringing bitcoin into the center.” He expressed his hope that Bitcoin will become a bipartisan issue.

“I also said I am not a single issue voter and I acknowledged the risks of his approach. But on this one issue, I agree with him 100%,” Scaramucci added.

Earlier in an interview with CNBC, Scaramucci discussed how a second Trump presidency could influence the prices of top cryptocurrencies. He praised Trump’s stance, saying, “I applaud President Trump for that.”

Scaramucci elaborated on the Democratic Party’s stance and said that Trump's outreach to cryptocurrency supporters has surprised his rivals. He said, “I think President Trump’s move to court Bitcoin and towards crypto assets has shaken the Democrats at core.”

Why It Matters: Scaramucci’s endorsement of the GOP’s Bitcoin policies and his praise for Trump’s stance on the issue underscore the growing acceptance of Bitcoin in political and financial circles.

His comments also highlight the potential for Bitcoin to become a significant issue in future political debates.

This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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