Government Shutdown Delays Crypto Market Structure Bill

The ongoing government shutdown, now in its 38th day, has derailed progress on the digital asset market structure bill. Legislative momentum for the crypto regulation framework has stalled as federal operations remain frozen.

Republicans initially targeted a November committee vote for the bill—dubbed the CLARITY Act in the House and Responsible Financial Innovation Act in the Senate. The prolonged shutdown casts doubt on that timeline, leaving the regulatory future of cryptocurrencies in limbo.

Behind-the-scenes discussions continue despite the standstill. The proposed legislation aims to establish clear rules for digital assets, but its advancement now hinges on congressional resolution of the funding impasse.

A potential lifeline emerges as the Senate considers a House-passed continuing resolution to temporarily restore government functions. Passage remains uncertain, with numerous legislative priorities—including crypto regulation—caught in the political crossfire.