U.S. House Passes Temporary Funding Bill, Averting Shutdown; EU Enhances MiCA Oversight

The U.S. House of Representatives has successfully passed a temporary funding bill that will ensure the continued operation of federal government agencies.

According to a White House announcement, President Trump is scheduled to sign the legislation at 9:45 p.m. ET, officially averting a potential government shutdown. The bill maintains federal operations and budgets but does not allocate specific funding for cryptocurrency initiatives.

Parallel Regulatory Developments:

• EU MiCA Regulations: Concurrently, regulatory focus is tightening in Europe. EU regulators are enhancing their oversight of the Markets in Crypto-Assets (MiCA) framework.
• Focus on Shared Order Books: The European Securities and Markets Authority (ESMA) is prioritizing cross-border crypto asset trading platforms, with a specific focus on shared order books, aiming to improve transparency and mitigate systemic risk within the crypto markets.

The passage of the U.S. funding bill provides stability to federal operations, which contrasts with the ongoing volatility in the Bitcoin market stemming from external factors, such as Brazil's plan to sell seized crypto assets.

November 2025, Cryptoniteuae