Amid a US government shutdown with no end in sight, a Republican lawmaker said Congress had only until January or February to pass crypto legislation.
North Carolina Senator Thom Tillis, a Republican member of the US Senate Banking Committee, reportedly warned that Congress has only a few months left to advance crypto legislation before election politics stall progress.
According to a Monday Bloomberg report, Tillis said the 2026 midterm elections would likely hamper progress on any crypto bills currently moving through Congress, such as the market structure framework passed by the House of Representatives in July, which is currently under consideration in the Senate.
Tillis said lawmakers should act “by the first part of January, February” to get any legislation passed in the current session, which ends in January 2027.
