Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm.
What to know : With as many variable as there are negotiators, the process to get the U.S. Senate's crypto market structure bill to a finish line is beset by uncertainties, even as those in the talks are hopeful. There are several very significant points to work out at the negotiating table, plus the possibilities of government-shutdown threats, political interference and White House rejections. If it doesn't find traction in 2026, the U.S. federal regulators will continue to push crypto policies through whatever authorities they can tap.