by: xpoolPosted on:

U.S. Shutdown Halts Progress on Crypto Regulation

A 38-day U.S. government shutdown is halting progress on crypto regulation, specifically the CLARITY Act. The legislation’s momentum has stalled due to legislative activity being put on hold, leading to a freeze in regulatory processes across various agencies. This impact affects key financial markets, including Ethereum (ETH), Bitcoin (BTC), and other altcoins. Investors and industry players are facing uncertainty as regulatory guidance and oversight from the SEC and CFTC remain paused during this shutdown.

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