There's growing concern among market observers about the timeline for major crypto legislation in the US. According to recent analysis, the administration's focus on crypto-related ventures might actually slow down the passage of comprehensive digital asset bills.

TD Cowen's research suggests we could be looking at a 2029 window before significant regulatory framework gets locked in. That's several years longer than many in the crypto community were hoping for.

What does this mean? The delay could impact everything from stablecoin regulations to exchange compliance standards. Projects operating in gray areas might continue facing uncertainty, while established players adjust their strategies accordingly.

It's a reminder that even with crypto-friendly voices in positions of influence, the legislative process moves slowly. Between competing priorities, political dynamics, and the sheer complexity of regulating digital assets, bills tend to take time.

For traders and builders, this signals a longer runway of regulatory ambiguity. Smart players are already hedging their bets and preparing contingency plans for various legislative scenarios.