And as CoinDesk reported Sunday (Oct. 4), there is a shrinking window for lawmakers to pass the law this year, leaving regulatory bodies to fill the gap and raising questions about the future of crypto dealmaking.

While it might seem like the downfall of the bill would make buyers less interested in acquiring crypto firms, bankers and investors who spoke to CoinDesk don’t expect last month’s setback to halt crypto M&A.

Rather, they predict a more uneven outcome: deals in areas where regulators have already instituted clearer rules could proceed, while businesses in areas facing unresolved regulatory…