The United States government has entered a shutdown as of October 1, following the failure of Congress to pass short-term funding bills. The impasse between Democrats and Republicans has resulted in approximately 750,000 federal workers being left unpaid. This shutdown could delay significant legislation, including the Digital Asset Market Clarity Act.
While the cryptocurrency market remains stable for now, the absence of government data and the stalling of regulatory bills could have indirect effects on the industry. The ongoing political deadlock highlights the challenges in advancing key legislative measures impacting the crypto sector.
US Government Shutdown Commences Amid Funding Bill Stalemate
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