What Would a Government Shutdown Mean for Crypto?
Some of crypto’s momentum in Washington D.C. has stalled, a situation that may become worse if the U.S. government shuts down next week.
You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.
The narrative
The U.S. government seems headed toward a shutdown. While that won’t directly affect crypto, the reverberations from the government shutting down will affect policymaking in the crypto world.
Why it matters
There are three major questions right now when it comes to market structure legislation: Will Congress pass a bill; when might Congress pass a bill; and how will a government shutdown affect this process?
Beyond just Congress, a…
