Report Warns That Crypto Deregulation in the US Poses Significant Risks
A new report from the Center for Political Accountability (CPA) warns that cryptocurrency companies are gaining too much political influence in the United States. The report highlights how these companies have increased their political spending while benefiting from reduced government oversight under the Trump administration. With Trump now actively supporting cryptocurrency, the report raises concerns about risks to investors, financial stability, and public trust. Cryptocurrency companies have become a major force in U.S. elections. In the 2024 election cycle alone, these companies spent more than $134 million on political contributions. Their financial influence was particularly strong in key races, such…