Government Shutdown in the USA Affects Cryptocurrencies!

Washington D.C. administration President Donald J. Closed for 20 days after Trump’s decision. President Trump states that he may not open the government for years, that if he is not authorized by the Democrats (oppositions) for at least 5.6 billion dollars for the wall to be built on the Mexican border, it is his own authority to keep the government closed for years and uses this authority.. In Washington D.C., prosecutors or other country officials can never interfere with President Trump’s decision to shut down the government, and that he can issue a ‘presidential decree’ and declare a National Emergency and collect all the powers in the USA, giving him a wall budget to the Mexican border. He states that there is no limit for the wall project and that he is ready to wait until the budget is given for the wall project.

The fact that my federal government is closed causes certain problems in the country and losses of millions of dollars every day.. The record-breaking government downtime in US history and the loss of millions of dollars from government institutions that are closed every day in the country do not allow the opposition to approve the budget.

Cryptocurrency regulations and Bitcoin ETF may be affected

Under the title “The Effect of the Federal Government’s Shutdown in the USA on Cryptocurrencies” published on the website named Coindesk, it was announced that during the government’s shutdown, crypto money regulations were affected and some regulations were delayed for longer periods of time.. Writing that the deadline for the Bitcoin ETF decision to be made by the SEC next month may be extended once again as long as the federal government remains closed, the website explained that the inability of institutions to transact before the government opens is the scene of certain problems, and these problems are valid not only for cryptocurrencies, but also for all areas. .

Cryptocurrencies were also affected closely by the failure of crypto money regulations in some states due to the inability to obtain information from the federal government’s institutions, the inability to obtain the necessary permissions for the implementation of crypto money regulations, and the inability to send and receive official documents.