House Votes to Reopen Government as Congress Suddenly Ramps Up Crypto Work
The House passed a funding bill to reopen the government after a 42-day shutdown, allowing federal regulators to resume crypto-related work.Summary
The U.S. House of Representatives voted 222-209 to pass a funding measure that will reopen the government following a record 42-day shutdown, sending the continuing resolution to President Trump for his signature. This restart is significant for the crypto industry because the shutdown had slowed federal progress on related legislation and regulatory work. With operations resuming, agencies like the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) can resume their duties, which includes advancing market structure legislation defining the CFTC's oversight of crypto spot markets and processing approvals for public listings and products like ETFs. Furthermore, other agencies can resume rulemaking efforts, such as those related to the GENIUS Act.
(Source：CoinDesk)