The Untold Story: CZ’s Pardon and the Power of Crypto Lobbying
What is the untold story behind CZ’s pardon?
The story of CZ’s pardon is one that involves powerful lobbying efforts. CZ was pardoned by Trump in exchange for delivering a staggering $200 million in cryptocurrency to the Republican National Committee. The power of lobbying, especially by a billion-dollar industry, can significantly alter the regulatory landscape.
How did lobbying affect crypto regulation?
In 2024, the crypto industry spent over $25 million on lobbying. The impact is evident, with bipartisan support for the GENIUS Act leading to a regulatory framework for stablecoins. This kind of influence raises questions about the future of regulation.
What are the pros and cons of crypto lobbying?
The pros are enhanced regulatory…
