The U.S. government shut down this past Wednesday, furloughing any federal employees deemed non-essential and forcing the rest to work without pay (though they should receive backpay when the government is formally funded again). If the government reopens within the next few weeks, it shouldn't have too much of an effect on D.C.'s crypto policymaking. The longer the shutdown stretches, however, the more delayed crypto efforts will be.

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The government shut down on Wednesday, and at least as of press time, Democrats and Republicans do not appear to be close to a deal to reopen it.

As discussed in last week's newsletter, the immediate

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