The ongoing US government shutdown, now at a record 36 days, is likely to delay the passage of a crucial crypto market structure bill until 2026. Despite recent election results enhancing the Democrats' negotiating power, industry experts suggest that while some progress may occur this year, the bill's finalization is improbable before 2025. White House digital asset advisor Patrick Witt emphasized President Trump's insistence on a 2025 deadline for the bill's submission. However, the shutdown's impact on relevant departments has hindered the drafting process. Blockchain Association CEO Summer Mersinger noted an increased likelihood of the bill being postponed to 2026.
US Government Shutdown Threatens Crypto Legislation Delay to 2026
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
