Crypto Payroll Compliance: Navigating Uncertainty During Government Shutdowns
The U.S. government is in the thick of shutdowns, and guess what? The cryptocurrency market is right there with it, facing a lot of regulatory uncertainty. This situation has investors scratching their heads over the stability of their favorite digital assets. Meanwhile, crypto companies are hustling to figure out how to keep afloat in this turbulent landscape.
Regulatory Chaos
We all know that government shutdowns can throw a wrench in the gears of regulatory bodies like the SEC. When the funding runs out, the SEC is basically working with a skeleton crew, halting many of its essential functions. This means ongoing litigation gets put on pause, registration applications go unreviewed, and rulemaking? Forget about it. This leads to…