The article details how crypto executives and industry groups have spent hundreds of millions of dollars in political contributions and lobbying to influence legislation in their favor. This aggressive political spending, which helped secure a landmark regulatory win for digital assets, reflects a corporate approach that undermines regulatory safeguards and can contribute to an environment where concentrated financial power and oligarchic influence prevail. Such actions are viewed negatively from an anti‑fascist perspective, as they potentially enable authoritarian economic dynamics.

Crypto lurches toward its biggest Washington victory ever - POLITICO