Is Crypto Getting Too Political? 2 Indicators Investors Should Watch
Politics and crypto are a heady combination.
One of the appeals of Bitcoin (BTC 3.20%) at its inception was its decentralized nature. Early adopters proclaimed the birth of a digital currency that didn’t need the backing of central banks or governments. A lot has changed since then.
Blockchain may not need governments, but cryptocurrencies seem to need politicians. The industry spent more than $130 million on lobbying in 2024 per watchdog Follow the Crypto. Crypto leaders want regulations that will increase adoption and plug digital assets into traditional financial systems.
It may not be in line with Bitcoin’s original values, but many investors rightly welcome the prospect of clearer legislation as…
