Senate Republicans race to pass stopgap spending bill before recess, keeping government shutdown risk at bay

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Senate Republicans are pushing to pass a continuing resolution before the Friday recess deadline to keep the government running. This stopgap funding bill would extend current funding levels through early December, with federal funding authority expiring September 30. The measure requires 60 Senate votes to advance, necessitating bipartisan cooperation. Although the bill contains no crypto-related provisions, markets are watching closely as prolonged budget uncertainty perpetuates the regulatory ambiguity surrounding digital assets.

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Telemac
Telemachttp://cryptoinfo.ch
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