U.S. Government Shutdown Stretches to Record 36 Days, Still Risks Derailing Crypto Bill

The U.S. government shutdown has reached a new milestone, lasting 36 days and becoming the longest in history. The impasse over federal budget funding persists, possibly exacerbated by the recent electoral success of the Democrats, which may delay negotiations. Lawmakers expected to compromise may reconsider after the election results, which could further defer any fiscal agreements. Consequently, passage of critical market structure legislation regarding cryptocurrency is also at risk, with insiders suggesting that any movement might now extend beyond 2025. Experts like Summer Mersinger from the Blockchain Association express concerns that prolonged shutdowns diminish the likelihood of timely legislation. Meanwhile, Patrick Witt from the White House insists that efforts to finalize the market structure bill continue, emphasizing ongoing dialogues in Congress. However, experts are wary that without more legislative personnel, progress may be stymied further into 2026, while stakeholders keenly await developments in the regulatory environment affecting the crypto sector.

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