Crypto-Friendly Lawyer: U.S. Government Shutdown Curbing Bitcoin ETF Prospects

Twenty-eight days ago, the entirety of the U.S. government partially shut down. Negotiations between the Democrats and Republican incumbents have yet to procure results, and hundreds of thousands, if not millions of federal workers have had to provide governmental services without pay. The situation is getting from bad to worse, but what does that mean for Bitcoin (BTC) and the broader crypto sector?

Well, as the shutdown entered its first week, many crypto optimists began to speculate what that meant for this industry’s proposals to American agencies, like Bakkt’s crypto futures application submitted to the U.S. Commodity Futures Trading Commission (CFTC).

Original source

Add comment

Please Sign in to be able to leave comments.