TD Cowen says the US crypto market bill could be delayed to 2027
The post TD Cowen says the US crypto market bill could be delayed to 2027 appeared on BitcoinEthereumNews.com.
A major piece of US legislative effort to establish a clear regulatory framework for the cryptocurrency market could face a significant delay, with passage now potentially pushed to 2027, according to analysts at investment bank TD Cowen. The firm’s Washington Research Group warned that ongoing political dynamics in Congress make swift enactment this year unlikely — and could stretch implementation as far out as 2029. Based on their argument, this situation has increased the chances of delays despite analysts’ assertions that a crypto market structure bill could be passed this year. Jaret Seiberg, managing director of TD Cowen’s Washington Research Group, weighed in on the topic of discussion. In a note dated Monday, January 5, Seiberg pointed out that Democrats may take time to act, especially if they believe that the 2026 midterm elections can enable them to reclaim control of the House. “Since election results are always uncertain, Democrats might decide to make a deal,” Seiberg wrote. “This could happen soon because staff have been preparing the technical details for several months.” Lawmakers raise concerns about the participation of Trump’s family in the crypto industry Following the current situation, Seiberg declared that there is sufficient time to pass the bill, arguing that if the bill receives approval from the relevant authorities as anticipated in 2027 and is implemented in 2029, then all the challenges faced will be resolved. He also noted that the crypto community must understand that the presidential election has a great impact on the ultimate regulations. For Democrats, Seiberg noted that they need to grasp the fact that the conflict provision will not apply to US President Donald Trump. Seiberg has also predicted that conflict-of-interest regulations will be a major challenge. To facilitate better understanding, he elaborated that there is a high likelihood that Democrats will…
Filed under: News - @ January 6, 2026 6:26 am