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A U.S. government shutdown could delay cryptocurrency market regulation legislation until 2026.
According to CoinDesk, as of November 6, the U.S. government shutdown has lasted 36 days, setting a new record and potentially further delaying Congress's progress on the crypto market structure legislation. The election results have strengthened the Democrats' bargaining position. Industry experts expect the bill to see slight progress within this year but unlikely to become law by 2025, possibly pushing it into 2026. White House Digital Assets Advisor Patrick Witt stated that President Trump still demands the final version be submitted before 2025, but a large-scale government shutdown has limited the drafting of the bill. Blockchain Association CEO Summer Mersinger also mentioned that the likelihood of the bill being moved to 2026 has increased.

