The post A Major US Bank Announces: “Things Are Not Going Well for the Most Important Cryptocurrency Law After GENIUS!” Here’s All You Need to Know… appeared on BitcoinEthereumNews.com. The US government shutdown negatively impacted many sectors and also disrupted progress in the cryptocurrency sector. At this point, the shutdown has delayed the approval of altcoin ETFs like XRP and Solana (SOL), which are awaiting approval from the SEC. Apart from this, it also postponed the approval process of cryptocurrency bills in the USA. Investment bank TD Cowen has indicated that the US cryptocurrency bill could be delayed beyond the November 2026 elections. US investment bank TD Cowen has predicted that the passage of a major cryptocurrency market structure bill could be delayed until after the November 2026 midterm elections, The Block reported. The bank said Republicans and Democrats were negotiating a bill on how the cryptocurrency sector should be regulated, but things were not going well. Negotiations on the bill, known as the CLARITY Act, have reportedly stalled due to behind-the-scenes disagreements between the Democratic and Republican parties. On this point, TD Cowen stated that it was not impossible for progress to be made in the next 12 months, but that there were more reasons to delay the bill at present than to accelerate it. “We are not suggesting there are no avenues for action in the next 12 months. Our argument is that there are more reasons for senators to delay action than to act quickly.” The bank said the biggest obstacle to the legislation is Democrats’ demand to ban senior government officials, including President Donald Trump, and their families from owning crypto companies. The CLARITY Act aims to establish a regulatory framework for the crypto industry by defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the cryptocurrency sector. A provision added to the bill also defines secondary assets. This provision will clarify which digital assets and… The post A Major US Bank Announces: “Things Are Not Going Well for the Most Important Cryptocurrency Law After GENIUS!” Here’s All You Need to Know… appeared on BitcoinEthereumNews.com. The US government shutdown negatively impacted many sectors and also disrupted progress in the cryptocurrency sector. At this point, the shutdown has delayed the approval of altcoin ETFs like XRP and Solana (SOL), which are awaiting approval from the SEC. Apart from this, it also postponed the approval process of cryptocurrency bills in the USA. Investment bank TD Cowen has indicated that the US cryptocurrency bill could be delayed beyond the November 2026 elections. US investment bank TD Cowen has predicted that the passage of a major cryptocurrency market structure bill could be delayed until after the November 2026 midterm elections, The Block reported. The bank said Republicans and Democrats were negotiating a bill on how the cryptocurrency sector should be regulated, but things were not going well. Negotiations on the bill, known as the CLARITY Act, have reportedly stalled due to behind-the-scenes disagreements between the Democratic and Republican parties. On this point, TD Cowen stated that it was not impossible for progress to be made in the next 12 months, but that there were more reasons to delay the bill at present than to accelerate it. “We are not suggesting there are no avenues for action in the next 12 months. Our argument is that there are more reasons for senators to delay action than to act quickly.” The bank said the biggest obstacle to the legislation is Democrats’ demand to ban senior government officials, including President Donald Trump, and their families from owning crypto companies. The CLARITY Act aims to establish a regulatory framework for the crypto industry by defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the cryptocurrency sector. A provision added to the bill also defines secondary assets. This provision will clarify which digital assets and…

A Major US Bank Announces: “Things Are Not Going Well for the Most Important Cryptocurrency Law After GENIUS!” Here’s All You Need to Know…

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The US government shutdown negatively impacted many sectors and also disrupted progress in the cryptocurrency sector.

At this point, the shutdown has delayed the approval of altcoin ETFs like XRP and Solana (SOL), which are awaiting approval from the SEC.

Apart from this, it also postponed the approval process of cryptocurrency bills in the USA.

Investment bank TD Cowen has indicated that the US cryptocurrency bill could be delayed beyond the November 2026 elections.

US investment bank TD Cowen has predicted that the passage of a major cryptocurrency market structure bill could be delayed until after the November 2026 midterm elections, The Block reported.

The bank said Republicans and Democrats were negotiating a bill on how the cryptocurrency sector should be regulated, but things were not going well.

Negotiations on the bill, known as the CLARITY Act, have reportedly stalled due to behind-the-scenes disagreements between the Democratic and Republican parties.

On this point, TD Cowen stated that it was not impossible for progress to be made in the next 12 months, but that there were more reasons to delay the bill at present than to accelerate it.

“We are not suggesting there are no avenues for action in the next 12 months.

Our argument is that there are more reasons for senators to delay action than to act quickly.”

The bank said the biggest obstacle to the legislation is Democrats’ demand to ban senior government officials, including President Donald Trump, and their families from owning crypto companies.

The CLARITY Act aims to establish a regulatory framework for the crypto industry by defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the cryptocurrency sector. A provision added to the bill also defines secondary assets. This provision will clarify which digital assets and cryptocurrencies are and are not considered securities.

CLARITY covers much more comprehensive cryptocurrency regulations, unlike GENIUS, which covers a more limited topic such as stablecoins.

The US House of Representatives approved the cryptocurrency regulation bill, called the CLARITY Act, in July 2025.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/a-major-us-bank-announces-things-are-not-going-well-for-the-most-important-cryptocurrency-law-after-genius-heres-all-you-need-to-know/

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.0616
$0.0616$0.0616
-0.21%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Federal Reserve expected to slash rates today, here's how it may impact crypto

Federal Reserve expected to slash rates today, here's how it may impact crypto

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
Share
Coinstats2025/09/18 01:42
Pi Network KYC Debate Sparks Questions Over Referral Rewards and Transparency

Pi Network KYC Debate Sparks Questions Over Referral Rewards and Transparency

Pi Network KYC Controversy: Community Questions Clarity on Referral Rewards A renewed debate has emerged within the global community of Pi Network, focusin
Share
Hokanews2026/04/24 12:42
Israel UN Envoy: Lebanon Ceasefire Extension ‘Not 100%’ Certain – Shocking Doubt Cast on Fragile Truce

Israel UN Envoy: Lebanon Ceasefire Extension ‘Not 100%’ Certain – Shocking Doubt Cast on Fragile Truce

BitcoinWorld Israel UN Envoy: Lebanon Ceasefire Extension ‘Not 100%’ Certain – Shocking Doubt Cast on Fragile Truce The Israel UN envoy has cast significant doubt
Share
bitcoinworld2026/04/24 11:50

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!