A prolonged U.S. government shutdown threatens to delay cryptocurrency regulatory actions, including the launch of new exchange-traded funds and market structure legislation.
The ongoing U.S. government shutdown could delay the launch of crypto exchange-traded funds (ETFs) and further complicate the progress of the Senate's market structure bill, originally approved by the House in July. As the shutdown extends, policymakers face challenges in moving crypto regulations forward, with potential delays to upcoming hearings and feedback from key regulatory agencies. The IRS recently issued interim guidance favorable to crypto companies, though legislative progress remains uncertain.