Analysis-US crypto industry comes to Washington, but faces uphill struggle

By Hannah Lang - Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the federalBy Hannah Lang

But with lawmakers focused on averting a government shutdown and other competing bills that must pass this year, including the Farm Bill and National Defense Authorization Act , the industry may struggle to be heard. The crypto delegation on Wednesday includes Coinbase CEO Brian Armstrong, who is meeting with Democrats and Republicans from both chambers of Congress, a spokesperson said. It also includes an executive from OpenSea, the top non-fungible token marketplace.

The outcome is uncertain, said Mark Hays, senior policy analyst at Americans for Financial Reform and Demand Progress.

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