Blockchain Association Urges Congress To Work Together Amid Government Shutdown
The Blockchain Association, one of many United States’ main crypto commerce teams, is asking on Congress to “work collectively” amid a historic authorities shutdown, in a press release launched on September 30.
Blockchain Association Calls on Congress for Crypto Momentum
According to a thread posted on the Blockchain Association’s official X account, the digital asset group inspired Congress to “hold the momentum going” and work “throughout the aisle as they’ve so typically accomplished with crypto coverage.”
“Momentum round digital belongings has by no means been stronger,” Blockchain Association CEO Summer Mersinger stated in a press release. “From bipartisan management in Congress to historic collaboration between the SEC and CFTC, we’re seeing a real whole-of-government method.”
“To safe America’s place because the crypto capital of the world, we should hold our foot on the gasoline,” she added.
Government Shutdown Stalls Crypto Progress
The U.S. authorities formally entered a shutdown early on October 1 after Republicans and Democrats did not agree on authorities spending payments.
On Wednesday, the 2 opposing events as soon as once more did not agree on a vote that might have rapidly ended the federal government shutdown.
“…The president has directed his cupboard, and the Office of Management and Budget is working with companies throughout the board to determine the place cuts will be made, and we imagine layoffs are imminent,” White House press secretary Karoline Leavitt said.
Mersinger’s commentary comes simply days after the Commodity Futures Trading Commission (CFTC) and the United States Securities and Exchange Commission (SEC) hosted a joint roundtable in Washington, D.C.
The landmark occasion noticed the 2 digital asset watchdogs come collectively to explore regulatory harmonization priorities and featured appearances by a number of key gamers within the cryptocurrency sector.
However, with no finish to the federal government shutdown in sight, it stays unclear simply how the blockchain sector and crypto coverage as an entire will probably be impacted.
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