Shutdown Delays US Crypto Market Structure Bill to 2026
The US government shutdown has entered its 36th day, marking the longest closure in history and stalling progress on crypto market structure legislation. Key federal departments and staff responsible for drafting the bill are furloughed, delaying a markup once targeted for Thanksgiving. White House digital assets advisor Patrick Witt warns that President Trump’s goal for a 2025 final vote is now in jeopardy.
Blockchain Association CEO Summer Mersinger adds that ongoing deadlock and a stronger Democratic showing in recent elections further reduce the odds of passing the crypto market structure legislation before 2026. While deeper engagement with congressional offices continues, experts foresee only modest movement by year-end. Traders face prolonged regulatory uncertainty as the bill’s timeline shifts toward 2026.
Bearish
The extended US government shutdown stalls the passage of crypto market structure legislation, prolonging regulatory uncertainty. In the short term, traders may see increased volatility as market participants adjust to ongoing delays. Over the long term, the postponement to 2026 undermines confidence in a clear regulatory framework, potentially deterring institutional investment and slowing adoption. The lack of legislative clarity is likely to weigh on market sentiment, making this development bearish for digital assets.