As the week wraps up, here’s a quick look at some of the top crypto stories that made headlines.
Anthony Scaramucci Claps Back Over CLARITY Act Delay
Anthony Scaramucci, founder of SkyBridge Capital, hit back at actor-turned-crypto-critic Ben McKenzie after McKenzie celebrated the CLARITY Act’s failure to get a Senate vote before the August recess, calling it a win against Donald Trump’s “crypto corruption.”
Scaramucci dismissed the criticism, insisting nothing can stop Bitcoin, while McKenzie argued the bill would weaken oversight by shifting regulation from the SEC to the CFTC without ethics provisions covering officials’ crypto holdings.
Read the full article here.
World Liberty Financial Wins Conditional Bank Charter
World Liberty Financial, the crypto platform co-founded by members of the Trump family, secured conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter through World Liberty Trust Co.
The charter would let the firm issue stablecoins directly instead of relying on third-party provider BitGo. Sen. Elizabeth Warren called the approval “the most brazen act of self-dealing” she’s seen and pledged legislation to curb it, while WLF CEO Zach Witkoff welcomed continued regulatory scrutiny.
