Digital Asset Summit Day 3: UK policymakers say they are all-in on crypto 

The third and final day of the conference started off with a bang when SkyBridge’s Anthony Scaramucci bashed his former boss

article-image

Former White House communications director Anthony Scaramucci | Ben Solomon Photo LLC for Blockworks

share

The highlights of the final day of the Blockworks’ Digital Asset Summit in London? Lots of politics and regulation talk, plus a four-legged guest. 

More than 1,500 crypto professionals, traditional finance executives and global legislators descended upon the Hilton London Metropole this week to hear from the leading voices in finance and crypto. 

The third and final day of the conference started off with a bang Wednesday morning when the discussion turned to the upcoming US presidential election

“I will fight Donald Trump, toe to toe, until the election,” Anthony Scaramucci, founder and managing partner of SkyBridge, told a packed audience during the first panel discussion of the day. 

Read more: Trump cites merchandise sales in apparent bitcoin U-turn

“The bitcoiners love the guy,” Scaramucci, who worked under the former President as the White House Communications Director for a ten-day stint in 2017, added. “I would take bad policy over something that would knock out the separations of power.” 

Scaramucci wasn’t only critical of the Republican presidential nominee — he also took aim at Securities and Exchange Commission Chair Gary Gensler

“He’s very politically motivated,” Scaramucci said. “I hate that.” 

Lord Chris Holmes, member of the United Kingdom House of Lords, said during a separate session that the UK is learning from other countries, including those that have moved quickly on implementing crypto policy and those which have hardly moved at all. 

“We have such an opportunity in the UK because we’ve seen what’s happening in the [European Union]…and indeed to a large extent what isn’t happening in the United States,” Lord Holmes said. 

Read more: The UK is at a turning point in crypto regulation, policymakers say 

Policymakers are gaining a better understanding of the crypto industry and its benefits, Dr. Lisa Cameron, member of the UK Parliament, said, and engaging with the industry is becoming common practice for her and her colleagues. 

“I make it very much a point to come to these events to learn as much as to speak,” Dr. Cameron said. “It’s actually the digital revolution that we’re on the cusp of, and we need to make sure that the UK is at the helm of it.”

But, of course, a Lord will still stick out from the pack at a crypto conference. 

“Just to show you how tuned-in to the tech ecosystem I am, I’m wearing a tie,” Lord Holmes mused, addressing the mostly T-shirt clad crowd. “But on the upside, I did come with a dog.” 

Nancy, Lord Holmes’ guide dog — although asleep at her owners’ feet for the majority of her time on the main stage — perked up when the audience laughed.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research

article-image

Judge Analisa Torres said the parties have not demonstrated that vacating her prior ruling is in the best interest of the public

article-image

Prediction markets have found a mainstream fit

article-image

Money for enemies isn’t fun, but crypto can be

article-image

Onchain SOL perps wiped $31 million, outpacing CEX volumes two days in a row

article-image

Fed Chair Jerome Powell told Senators Wednesday that the timeline on lowering interest rates is up in the air

article-image

Credit infrastructure DeFi protocol Grove makes allocation into a CLO segment “ripe for movement into DeFi”