The US Senate continued working on the crypto market bill despite the shutdown.

US lawmakers continue to draft key legislation to regulate the cryptocurrency market, despite the ongoing government shutdown. Republicans in the Senate intend to pass the bill by the end of 2025, and Agriculture Committee Chairman John Boozman said he is negotiating with Democrats to create a bipartisan version of the bill, which is expected in the near future.

Source  Incrypted 

Despite the fact that thousands of federal employees are on unpaid leave due to the shutdown, members of Congress remain in power and continue their work. Currently, the parties have agreed on about 90% of the main provisions of the bill, which serves as the basis for creating a unified legal framework for digital assets. Wyoming Senator Cynthia Lummis hopes that the document will be reviewed by committees by the fall of 2025.

The adoption of this law will have a significant impact on the US crypto market, as it promises to bring clarity to the legal regulation of the industry. At the same time, a bill is being drafted that will prohibit politicians from owning cryptocurrencies, which is drawing additional attention to changes in legislation.