TechFlow news, October 7 — According to Cointelegraph, the U.S. government shutdown has entered its second week. As of Monday morning local time, Congress had not yet reached an agreement to resume normal operations. The Securities and Exchange Commission stated that the agency will operate with extremely limited staff under certain conditions, and its ability to review crypto ETFs will be constrained. The Commodity Futures Trading Commission noted that currently only one commissioner serves as acting chair, and its operations are also restricted. It is reported that Trump will not nominate a successor for the CFTC chair until the U.S. government resumes normal operations.
Meanwhile, prediction market Polymarket data indicates that this shutdown could become the longest in U.S. history. Currently, there is approximately a 72% probability that the shutdown will end after October 15.
