The post How a U.S. Government Shutdown Could Reshape the Crypto Landscape? appeared first on Coinpedia Fintech News
As the U.S. government faces another potential shutdown, uncertainties grip the financial markets. But what does it mean for the burgeoning cryptocurrency sector? From postponed ETF decisions to potential ratings downgrades, let’s break down the far-reaching implications of this looming crisis.
How Law Enforcement Remains Unfazed
A potential shutdown would only partially impact the Department of Justice (DOJ), with 84% of its staff exempt from a furlough. So, rest easy if you were concerned about potential delays in high-profile legal cases involving cryptocurrencies. Law enforcement agencies like the FBI and court proceedings are expected to continue without significant hiccups.
NYDIG predicts that the U.S. government may be shut down for at least 1-5 days and up to 16-35 days; so the SEC has begun to postpone decisions on most ETFs; ultimately the SEC will need to m
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