The US Senate crypto bill faces uncertainty; if there is no progress by 2026, regulatory pressure may persist.

The passage of the US Senate's crypto market structure bill is filled with uncertainty, as several very important issues remain to be resolved at the negotiating table. There is also the threat of a government shutdown, political interference, and the possibility of rejection by the White House. If no progress is made by 2026, US federal regulators will continue to advance crypto policy using any authority available to them.