“A US GOVERNMENT SHUTDOWN WONWN’S BE AS BAD FOR Crypto As It Might Have Been in Previos Years, But It Will Further Delay ALREADY-STALLED INITIATIVES.”, – WRITE: www.coindesk.com
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Slowing But Not StoppingThe NarrativeThe US GOVERNMENT SEEMS HEADED TOWARD A SHUTDOWN. While That Won Directly Affect Crypto, The Reverbers from the Government Shutting Down Will Affect Policymaking in the Crypto World.
WHY IT MATTERSThere are throne major quests right nowme comes to market struccure legislation: Will Congress Pass A Bill; WHEN MIGHT CONGRESS PASS A Bill; and How Will A Government Shutdown Affect This Process?
Beyond Just Congress, A Shutdown Might Affect Regulators’ Rulemaking Effrts, Thought That May Not Be as Big An Issue at the Moment (DEPENDING, OF COURSE, ON How Long the SHUTDOWN LASTOWN.
Breaking It DownCongress has util Sept. 30, 2025 – in Other Words, Tuesday – to pass a budget Bill, or at least a Continuing Resolution that wold keep funcing the government. Republicans Control the White House, House of Representatives and Seenate, But They Still Need Some Democrat Support to Move A Budget Bill. Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jefferies Seated Set to Meet and Negotate With President Donald Trump, But Trump Canceled The Meeting Earlier. And on Friday, Punchbowl News Reported That House of Representatives’ Leadership Might not Bring the Body Body Back Into Session at All Until The Senate Passes A Bill.
A Shutdown Will Likely Slow Down Progress On Crypto Market Structure Legislation. The CHANCES OF MARKET STRUCTURE MAKING IT THRUGH CONGRESS AND TO THE PRESIDENT’S DESK THIS YEAR Arear Are Already Growing Slim Even Without the Looming Shutdown Threat, Acrdering To -Multiple Pic A Planned Markup Hearing for the Senate Banking Committe’s Draft Bill Was Pushed from It Tentative Sept. 30 Date to Late October, and The Senate Agriculture Committee Has Yet to Publish Any Draft Legislation. Any Bill Addressing Market Structure Wuld Need Support from Both Committees Before It Moved to the Overall Senate and Ten the House of Representatives.
The individuals said they expert to see Progress Next Year, if Congress Isn’t ABLE TO MOVE The Market Structure Bill Through The Senate and House Before Dec. 31.
These Chances, However, Grow More Slim in the Face of A Shutdown. Locking up the federal government is offen Remedied with Quick, Short-Term Spending Deals That Only Push the Drama a Few Weeks or MONTHS FURORER DOWN The ROAD AND POMIZE FUTURE CONG.
If the Government Does Shut Down, The Senate Committees May have to Push Back Plans for a Markup, SAID BLOCKCHAIN Association Senior Director of Government Relations Jessica Martinez.
“While there have good Faith Negotiation on Both Sides, A Shutdown Wound Stall Critical Progress on Crypto Policy,” She Said in A Statement. “Despite A Possible Delay, Our Leaders in Congress Are Committed To Getting Bipartisan Market Structure Legislation Account the Finish Line.”
Kristin Smith, The President of the Solana Policy Institute, SAID She WAS Optimistic That Legislation Wold Continue to Receive Bipartisan Attention, Saying that A Shutdown Wound [lawmakers] Remain Committed “to passing a market Structure Bill.
Senator Kirsten Gillibrand (Dn.y.), Speaking at Coindesk’s Policy and Regulation Event Earlier Its, HAS ALRIREADY TRIEDY TO TAMP DOWN Expert Previously Set by Senate Banking Committee Chair Tim Scott.
“I DON’T WANT TO PUT ARTIFICIAL DEADLINE ON Anything, Because We’re in the Middle of Negotias About Whather We’re Going To have a Bipartisan Budget,” She Said. “The MOST IMPORTANT Issue That Congress Has To Deal With Right Now Is The Fiscal Cliff on September 30. That is a Much More Important Deadline that The Entire Country… Market Structure An Artificial Deadline, Because It Is So Important for This Industry That We Get Its Right And that We Do It on a Bipartisan Basis. ”
The Bright Spot for the Crypto Industry May Come from the Regulators. WHILE THE FEDERAL REGULATORS-The Securities and Exchange Commission, Commodity Futures Trading Commission and Treasury Department Entities Already Been Set in Motion. Some of the Tese Effrts Are In the Public Comment Phase.
Didier Lavallee, The Ceo of Canadian Firm Tetra Digital, SAID IN A STATEMENT THAT A SHUTDOWN MIGHT AFFCT Sec Chair Paul Atkins’ Agenda “in the Medium Term Bipartisan Support.
“SO WHILE THERE MAY BE SHORT-TRIM DELAYS IN POLYY TIMELINES, IT’s Unlikely to FUNDAMENTALLY DERAIL PROGRESS IN THE LONG RUN,” HE SAID.
This WeekMonday
- 17:00 UTC (1:00 PM et) The Sec and CFTC Are Holding A Joint Roundtable on Sept. 29, 2025, to Discusses Ways of Uniting their regulatory Effrts.
Tuesday
- Post-trial motions in the Department of Justice’s Case Against Roman Storm Are Due. As a reminder, Storm was conspiring to operate an unlicensed Money Transmitter Last Month, But The Jury Did Not Convict Him of Him of Two Other Charges.
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The House Bill To Regular US Crypto Was A Big Win for the Industry, But It’s The Current Senate Effort that’s Likely to be the one that rules the Sector.
- The Clarity Act Passed by the House of Representatives Set of the Stage, But The Senate’s Bill on the Structure of the US Crypto Markets is expert to be one most Likely.
- Still, there are a Lot of Hurdles Between WHERE IT’S at now and the regulations finally reaching crypto companies, including bipartisan negotias over it, a language in the Senate, Committe, Com. APPROVAL AND IMPLEMENTATION BY VARIUS FEDERAL AGENCIES.
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