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A US government shutdown could occur on Friday, November 17, and might last a month. Then, work finalizing a Bitcoin ETF might be pushed out. Since then, New York State has passed a two-year moratorium on opening new crypto mining facilities unless they are powered entirely by. A US government shutdown would stall forward progress on crypto policy and other bills on the House floor.

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The bitcoin market, however, is not insulated from the broader financial environment, and events such as government shutdowns can have repercussions. Breaking it down. Some are expecting the crypto carbon footprint to grow in the coming years, while others see it shrinking. There's a very strong possibility the federal government will be shut down by the time you receive the next edition of this newsletter. The SEC may also have a limited litigation team during the time period.

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