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US Government Shutdown Exposes Political Deadlock in Congress

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The federal government shutdown started at 12:01 a.m. October 1, 2025, when the Senate could not pass a funding bill by the end of the fiscal year. This is the first federal shutdown in 6 years and it was precipitated by the failure of both Republican and Democratic funding bills receiving 60 votes in the senate. Republicans insist on extending the existing funding by seven weeks, and Democrats will not allow the legislation to pass without improved Affordable Care Act premium subsidies. And no end to this in sight at the moment, federal workers are either facing furlaughs or are disrupting essential services across different agencies. BREAKING: US Government officially shuts down. — Watcher.Guru (@WatcherGuru) October 1, 2025 Government Shutdown in 2025 And Its Impact On Economy And Markets Source: NDTV Senate Deadlock Triggers Federal Closure This shutdown was subsequent to the breakdown of negotiations on September 30. House Speaker Mike Johnson was fast to spread blame and he...

First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded

Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval. The United States Securities and Exchange Commission (SEC) could approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by Nov. 17. Beginning on Nov. 9, the SEC reportedly has a “window” to approve all 12 spot Bitcoin ETF filings, including Grayscale Investments conversion of its Grayscale Bitcoin Trust product. However, even if the SEC approve s spot Bitcoin (BTC) ETFs by Nov. 17, it could be more than a month before the products launch. The expected delay in launch following SEC approval would be due to the two-step process of launching an ETF. For an issuer to start a Bitcoin ETF, it must get approval from the SEC’s Trading and Markets division on its 19b-4 filing and its Corporate Finance division on the S-1 filing or prospectus. Of the 12 Bitcoin ETF applications, nine issuers have submitted revised prospectuses showing they have communicat...

Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

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Senator Warren claims the Trump Administration “gave a green light” to allow for a cryptocurrency market full of junk tokens, rug pulls and ponzi schemes. United States Senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to come next. Warren’s comments came from an interview with American Economic Liberties Projects on Jan. 25. The Senator opined that since Gensler was sworn in as SEC Chairman in April, 2021, the Commission “has made a good start” on fixing some of the problems created by the former SEC leaders under the Trump Administration. Senator Elizabeth Warren wants Congress to deploy more authorities and resources to help the SEC crackdown on the cryptocurrency industry participants. Source: Reuters. Warren claimed that the previous SEC administration “essentially gave the green light” to open up a cryptocurren...