On March 10, Cointelegraph reported that according to a report by the U.S. Center for Political Accountability (CPA), cryptocurrency companies invested more than $134 million in the 2024 U.S. election, which triggered people's growing political influence and concerns about potential risks to regulatory stability. The report released by the Center for Political Accountability points out that the increasingly strong connection between crypto companies and U.S. politics has raised new concerns for regulators, investors and the broader financial system. "While the companies making these donations may be seeking a conducive regulatory environment, these political donations further erode public trust and expose the company to legal, reputational and business risks that cannot be ignored," the report added. Although risks are highlighted in the report, some regulatory experts believe the donations are necessary to promote more innovation-friendly regulation. Andy Lian, an author and intergovernmental blockchain expert, said: "As someone deeply involved in the crypto space, I believe this expenditure is necessary for regulatory clarity and critical for stability and growth. This seems to boost investor confidence by reducing uncertainty, just as the victory of pro-crypto candidates boosts market sentiment, as did Bitcoin's post-election high."