Crypto Regulation: The US Congress Facing a Race Against Time
Republican Senator Thom Tillis warns that Congress has only a narrow window—until early 2025—to pass critical cryptocurrency legislation. The looming 2026 midterm elections and ongoing government shutdown threaten to derail progress, delaying key regulatory frameworks and SEC approvals for crypto ETFs.
Major bills like the CLARITY Act, already passed by the House, now languish in Senate limbo. Tillis, a Banking Committee member, stresses urgency: "By the first part of January, February," he asserts, marking the deadline before political gridlock paralyzes action.
The shutdown exacerbates risks, stalling institutional adoption and leaving markets in regulatory purgatory. Without swift action, the U.S. risks ceding its competitive edge in digital asset governance.
