The U.S. government plans to end the shutdown, and the SEC and CFTC may accelerate the progress of cryptocurrency regulation and products

According to The Block, a bipartisan agreement in the Senate may end the ongoing 41-day government shutdown this week, allowing the SEC and CFTC to resume normal operations. The SEC may prioritize the release of "exemptive relief" to support tokenization and crypto businesses, and continue its investigation into digital asset custody companies; crypto ETFs like SOL, Litecoin, and HBAR, which were activated under a unified listing standard during the shutdown, may automatically take effect, supplement inquiries, or be postponed once the SEC resumes.

CFTC acting chair Caroline Pham stated that she will promote "spot crypto trading and tokenized collateral" within the year and is in talks with regulated exchanges to launch leveraged spot trading as early as next month. The Senate Banking Committee and the Agriculture Committee are advancing bills to allocate SEC/CFTC authority and define "ancillary assets," which will ultimately need to be coordinated into a single version for the president's signature.