US gov shutdown ‘likely’ to end this week: Trump adviser
A White House adviser predicts the US government shutdown will likely end this week, potentially restarting crypto regulatory progress.Summary
White House economic adviser Kevin Hassett stated that the three-week US government shutdown is "likely to end sometime this week," which could allow for the resumption of cryptocurrency regulatory progress. Hassett blamed Senate Minority Leader Chuck Schumer for the shutdown and expressed confidence that moderate Democrats would facilitate reopening the government, allowing policy negotiations to proceed normally. If this fails, the Trump administration might impose "stronger measures." The shutdown, which began on October 1st, has delayed decisions on exchange-traded fund applications for assets like Litecoin, XRP, and Solana. Despite the delay, some regulatory discussions are still scheduled, with Democratic Senators planning a roundtable with crypto executives from companies like Coinbase and Circle to discuss market structure bills. However, Polymarket odds suggest a 71% chance the shutdown will extend beyond 30 days.
(Source：Cointelegraph)