The U.S. government shutdown may delay the structural legislation for the crypto market until 2026.

According to Mars Finance, as reported by CoinDesk, the U.S. government shutdown has reached 36 days, setting a historical record, which may further delay Congress's progress on the crypto market structure bill. The election results have enhanced the Democratic Party's bargaining chips, and industry insiders expect the bill to make slight progress this year but find it difficult to become law by 2025, potentially being postponed until 2026. White House digital asset advisor Patrick Witt stated that President Trump still requires the final version to be submitted before 2025, but the large-scale shutdown of relevant departments has limited the drafting of the bill text; Blockchain Association CEO Summer Mersinger also mentioned that the possibility of the bill moving to 2026 is increasing.