Odaily Planet Daily News: Analysts at investment bank TD Cowen called for more realistic expectations for the passage of U.S. crypto legislation next year. Jaret Seiberg, managing director of financial services at TD Cowen Washington Research Group, said the risk of political deadlock in the cryptocurrency market structure bill FIT21 and the Senate Agriculture Committee bill increased. Seiberg said: "We think this optimism is wrong because we believe that the voting prospects for both bills are declining this year. Next year, there is an increasing risk that these bills will be politically blocked, and we are also skeptical about the results of next year's election regardless of the election results. This is because both parties want to get more donations before they ultimately bring benefits to the industry." Seiberg pointed out that the above situation may still happen despite the crypto community's "active political contributions." He cited a recent report by the nonprofit organization Public Citizen, which showed that crypto companies have provided $119 million this year (about 48% of corporate political donations), of which the crypto-focused Fairshake PAC also received $95 million in donations. (The Block)