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A recent report from the Center for Political Accountability has raised concerns over the growing influence of cryptocurrency companies in U.S. politics. The report highlights that crypto firms spent over $134 million in the 2024 elections, significantly impacting regulatory discussions. Under the Trump administration, there is a push for deregulation, which critics argue could lead to potential conflicts of interest and unchecked political power for the crypto industry. Advocates believe that deregulation will foster innovation, but opponents warn of risks such as financial instability and illicit activities. The debate over crypto’s role in politics continues to intensify, with policymakers divided on the best approach. As the industry expands, its political and economic influence is expect