The U.S. government shutdown may delay cryptocurrency market structure legislation until 2026

According to CoinDesk, the U.S. government shutdown has reached 36 days, setting a new record, which may further delay Congress's progress on the cryptocurrency market structure bill.

The election results have enhanced the Democratic Party's negotiating leverage, and the industry expects that the bill may see slight progress this year but is unlikely to become law before 2025, possibly being pushed to 2026. White House digital asset advisor Patrick Witt stated that President Trump still demands the final version to be submitted before 2025, but the large-scale shutdown of relevant departments has limited the drafting of the bill's text; Blockchain Association CEO Summer Mersinger also mentioned that the likelihood of the bill being moved to 2026 is increasing.