Efforts to finalize U.S. cryptocurrency market structure legislation stall as the government shutdown drags on, with significant opposition to proposed DeFi regulations.
As the U.S. government shutdown extends into its second week, lawmakers continue to negotiate market structure legislation for digital assets. Controversial proposals on decentralized finance (DeFi) regulation have led to strong industry opposition, while bipartisan support remains essential for the bill's passage. The shutdown has further delayed legislative progress, with experts predicting that meaningful movement may not occur until 2025.