Crypto world braces for more regulatory gridlock

With a new Congress looming next year, industry insiders are predicting the final weeks of the current 'lame duck' session will yield no major legislative surprises for cryptocurrency. The ascendant political party is expected to shelve any crypto-related bills and pursue its own, likely more stringent, tech and digital asset agenda starting in the new session.

For developers and companies, this means another period of extended regulatory uncertainty. The industry's hope for clear federal rules is deferred once again, replaced by the familiar waiting game of watching Washington's political cycles. The takeaway? In crypto regulation, the only constant is delay.