U.S. Deregulation of Crypto โ Opportunities and Risks Ahead โ๏ธ
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A recent report from the Center for Political Accountability highlights significant risks to American politics due to the rise of political spending by cryptocurrency companies and a deregulatory push under President Trump's administration. The report notes over $134 million spent by crypto companies in the 2024 election alone, showing a potent influence on political outcomes and regulatory environments. Concerns include the dropping of significant SEC lawsuits against companies like Kraken and Coinbase and the establishment of a U.S. Crypto Reserve.
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#CryptoDeregulation #PoliticalInfluence #USCryptoReserve #CryptoNews