Corruption itself is nothing new; we've just moved from central banking corruption to crypto corruption.
In the end, it's all about money. Supporters of the old banking system argue that cryptocurrencies are harming the US dollar simply because they receive financial support from central banks and companies based in the old system, while pro-crypto politicians advocate for passing these laws because they receive support from crypto companies.

In the end, it's a war between traditional financial companies represented by central banks and new crypto companies, and politicians are merely tools in this war.