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SEC’s Crypto Policy Efforts Stalled Amid US Government Shutdown
The US government shutdown has halted critical cryptocurrency-related policy efforts, leaving key decisions in limbo. As Congress failed to agree on funding, agencies like the Securities and Exchange Commission (SEC) have suspended ongoing work, including the approval of new crypto products and exchange-traded funds (ETFs). Investment bank TD Cowen highlighted that these delays could last well beyond the shutdown, affecting the future of crypto regulations. The shutdown has led to the SEC effectively going dark, with many of its staff furloughed. According to Jaret Seiberg, head of TD Cowen’s Washington Research ... (full story)
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