U.S. President Donald Trump signed a law for temporary government funding, ending the longest government shutdown in the country’s history, which lasted 43 days. The new law restores the operation of federal agencies at least until the end of January 2026 and gives Congress time to prepare a full budget.
This is reported by Business • Media
Regulators Return to Work
The forced government shutdown was the result of prolonged political disputes between Democrats and Republicans, particularly concerning healthcare issues and funding for the Obamacare program. A compromise was only reached after concessions from both sides, and the restoration of funding will allow the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Internal Revenue Service (IRS), and the Office of the Comptroller of the Currency to resume their duties.
The resumption of SEC activities paves the way for the consideration of several applications for launching new spot cryptocurrency ETFs, which had been put on hold due to the shutdown. Additionally, hearings are expected regarding the confirmation of Mike Selig as the head of the CFTC. The Senate Agriculture Committee has already prepared a bill defining the role of the CFTC in overseeing the spot markets for digital assets.
GENIUS Act and Market Reaction
The U.S. Department of the Treasury and other agencies may also resume analyzing public feedback on the GENIUS Act, aimed at regulating stablecoins. The consideration of this document was halted due to the budget crisis and mass unpaid leave for government employees.
Despite the political breakthrough, the cryptocurrency market has shown a muted reaction. As of November 2025, the price of Bitcoin is around $103,500. Over the past day, the asset has increased by 1.9%, but over the month, Bitcoin has decreased by more than 10%.
During the signing of the law, President Trump emphasized the importance of cooperation between political forces to address key issues in healthcare reform and financial regulation.
“I am always ready to work with anyone, including the other party. We can achieve much more,” the president stated.
It is expected that in the coming weeks, the government will expedite the consideration of cryptocurrency initiatives that have remained unresolved due to the budget crisis. In particular, this concerns projects related to the infrastructure of digital assets and financial innovations. It is worth noting that the investment firm Andreessen Horowitz (a16z) has already submitted its proposals for implementing the GENIUS Act on stablecoins.