Can the government shutdown have a significant effect on the crypto space?
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The U.S. government is facing a shutdown due to the inability of Republicans and Democrats to agree on the budget. Various sources evaluate the probability of a shutdown as high. If it happens, a shutdown may have multiple repercussions. Among other implications, it could bring more uncertainty to the crypto market and slow the pace of crypto regulation. Summary U.S. President Donald Trump and Vice President JD Vance warn about a highly probable shutdown starting on Oct. 1. In the event of a shutdown, the government stops publishing employment and inflation data, making it harder for traders to time the market. Experts predict market volatility. The Clarity Act passage will be delayed, while the SEC will halt working on rulemaking for the crypto sector and won’t be able to review applications for spot crypto ETFs. Probability of shutdown Uncompromising disagreement on healthcare spending between the GOP and Democrats delayed budget finalization. On Sept. 29, Vice President JD Vance said that the government is “headed for a shutdown.” Earlier, President Donald Trump warned that Americans would likely “end up with a closed country for a period of time.” JD Vance accused Democrats, saying: “You don’t put a gun to the American people’s head and say, unless you do exactly what Senate and House Democrats want you to do, we are going to shut down your government. I think we are headed to a shutdown because the Democrats won’t do the right thing.” The Democratic Senate minority leader, Chuck Schumer, is mirroring Vance’s claims, stating that “it’s up to Republicans whether they want to shut down or not.” Government funding expires in hours and where are House Republicans? They canceled votes and went on vacation. Republicans own this shutdown. — Democrats (@TheDemocrats) September 30, 2025 This rigidness of both parties left little…
