According to a report by the Center for Political Accountability (CPA), cryptocurrency companies invested more than $134 million in the 2024 U.S. election, raising concerns about their growing political influence and potential risks of regulatory stability, according to a report by the Center for Political Accountability (CPA). The report released by the Center for Political Accountability notes that the growing ties between crypto companies and U.S. politics have brought new concerns to regulators, investors and the broader financial system. “While companies making these donations may be seeking a favorable regulatory environment, these political donations further erode public trust and expose companies to legal, reputation and business risks that cannot be ignored,” the report added. Although risks are highlighted in the report, some regulatory experts believe that these donations are necessary to promote regulation that is more conducive to innovation. "As someone deeply involved in the crypto space, I think this spending is necessary for regulatory clarity and is crucial for stability and growth. This seems to be able to boost investor confidence by reducing uncertainty, just like the winning of a candidate for crypto boosts market sentiment, like the Bitcoin election hits a new high."