Analyst Jaret Seiberg from investment bank TD Cowen has issued a warning that the U.S. cryptocurrency market structure bill FIT21 and the Senate Agriculture Committee bill may face greater political obstacles, leading to a stall in legislative progress next year. Seiberg is not optimistic about the prospects for these bills to pass this year and predicts that even after the elections, these bills will still be hampered by political obstacles next year. He points out that both parties tend to seek more donations before bringing actual benefits to the industry, indicating that the legislative process may continue to be obstructed.