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

The U.S. government shutdown reached a record 36 days, stemming from an impasse over federal budget funding, which was potentially reinforced by strong Democratic election results. This delay is expected to push back negotiations on market structure legislation for cryptocurrencies. Policy insiders suggest that while a markup by Thanksgiving might still be possible, the bill is unlikely to pass before the end of 2025, with some predicting passage by the end of 2026. The Blockchain Association CEO noted the lengthening shutdown makes a 2026 move more likely, as many government experts needed for legislative drafting are furloughed. Conversely, Patrick Witt, the White House's executive director for digital assets, expressed optimism that President Trump still aims to sign the bill by the end of 2025, noting the shutdown has paradoxically provided time for detailed engagement with lawmakers on the bill's substance.

(Source：CoinDesk)