Election Pressure Forces Deadline for US Crypto Legislation

North Carolina Senator Thom Tillis has issued a stark warning about the rapidly approaching election period, emphasizing that the US Congress may be facing a critical deadline to pass crypto legislation. According to Bloomberg, Tillis believes political maneuvering and the looming midterm elections will stall progress on any crypto bills currently under consideration in the Senate. He advises action by early 2027 to avoid delays. Tillis’s concerns stem from the possibility of gridlock within Congress due to the upcoming election cycle.