Anthony Scaramucci said the Clarity Act will pass the Senate if it reaches a floor vote, but the bill is dead if lawmakers block that motion. Scaramucci made the statement during a CNBC appearance on July 23-24, framing the Senate floor vote as the legislation's make-or-break moment.
The Clarity Act has already passed the House. It now awaits Senate consideration, where floor time remains uncertain. Scaramucci warned that if the bill does not get a full Senate vote, crypto companies will accelerate relocations out of the United States. He did not specify which firms might leave or provide a timeline.
The bill would establish a regulatory framework clarifying which agencies oversee digital assets based on their function and use. Proponents say it would reduce legal ambiguity that has chilled institutional adoption and stalled hiring across crypto infrastructure firms. The legislation has attracted support from major exchanges and asset managers seeking regulatory certainty.
Scaramucci, founder of SkyBridge Capital, has emerged as a public voice on crypto regulation alongside his earlier venture work in the sector. His statement carries weight with senators weighing floor time allocation, though Senate leadership has not committed to scheduling the vote.
Regulatory gridlock over crypto has persisted for three years despite bipartisan interest in a framework defining agency jurisdiction. The Securities and Exchange Commission and Commodity Futures Trading Commission have issued conflicting guidance on digital asset classification, creating operational friction for companies building on-chain infrastructure.
If the Senate does not schedule a floor vote before the legislative calendar tightens in the fall, the Clarity Act would face reintroduction in the next Congress. That outcome would delay any federal clarification of agency jurisdiction and force market participants to operate under existing regulatory overlap.
Offshore relocation would concentrate crypto infrastructure in jurisdictions like Singapore and Switzerland, reducing U.S. tax revenue and regulatory authority. The number that decides the bill's fate is whether Senate leadership allocates floor time; without that slot, the legislation cannot advance regardless of its margin of support.
