Government Shutdown Threat Could Impact Crypto Oversight
-

The SEC-CFTC roundtable comes amid the risk of a U.S. government shutdown due to disputes over healthcare cuts in the July budget bill.
A shutdown would halt Congress, delaying critical legislation like the market structure bill that could clarify regulatory roles for digital assets. It could also stall the confirmation of a replacement for Acting CFTC Chair Caroline Pham, who had indicated plans to move to the private sector if Trump’s nominee, former commissioner Brian Quintenz, were confirmed.
Crypto companies and investors are watching closely, as regulatory clarity and leadership appointments are essential for ongoing industry growth.