2026 could be an interesting turning point for US crypto regulation. The congressional legislative agenda seems relatively calm—after all, lawmakers' attention has already shifted to midterm election preparations. However, this does not mean that the regulatory front will cool down accordingly. In fact, federal regulators might take advantage of this window to ramp up efforts, introduce new regulatory frameworks, or strengthen oversight of the crypto market. In other words, you might see a scenario where legislation stalls, but enforcement and policy development remain active. For exchanges, DeFi platforms, and Web3 projects, this means paying close attention to the movements of agencies like the SEC and CFTC, rather than only focusing on congressional legislative progress.