The market structure bill is at risk of not coming to a vote before the end of 2025 (this year), due to the government shutdown and unresolved issues around DeFi regulation and illicit finance, despite an initial goal of passing it before Thanksgiving.
"I've heard timelines that they're aiming before Thanksgiving is the timeline that they're hoping for to get it out there on the on the on the on the floor and voted on is what I've understood is the goal because past Thanksgiving, even then already things begin to slow down. I mean, I'm still optimistic about it, but I do feel that is it is at risk between the government shutdown and there still being these two open issues of DeFi and the proper regulation of DeFi, which from my point of view is very light or no regulation and um then also elicit finance and how that'll be managed in this new crypto ecosystem, you know, for which we also have very clear and and uh succinct answers. But I I feel that it's at risk. Uh, it's still possible and I'm optimistic, but it getting done this year I think is at risk at this point."