The US government plans to end the shutdown, and the SEC and CFTC may accelerate the progress of encryption regulation and products.

According to Mars Finance, market news indicates that a bipartisan agreement in the Senate may end the ongoing 41-day government shutdown this week, allowing the SEC and CFTC to resume normal operations. The SEC may prioritize the issuance of “exemptive relief” to support tokenization and encryption businesses, and continue its investigation into digital asset vault companies; the SOL, Litecoin, HBAR and other encryption ETFs that were activated under unified listing standards during the shutdown may automatically take effect after the SEC resumes operations, with additional inquiries or delays. CFTC Acting Chair Caroline Pham stated that they will promote “spot encryption trading and tokenized collateral” within the year and are in discussions with regulated exchanges to potentially launch leveraged spot trading as early as next month. The Senate Banking Committee and Agriculture Committee are respectively advancing bills to allocate SEC/CFTC authority and define “auxiliary assets”, which will ultimately need to be coordinated into a version to be sent to the President for signature.