That's true of all superscalar machines. That's what killed RISC. The original idea of RISC was one instruction per clock and a very simple CPU control section. Early MIPS CPUs realized that.
Then superscalar came to microprocessors with the Pentium Pro. It took 3000 engineers at Intel to design that CPU, but it did much better than one instruction per clock while still handling all the weird cases in x86 instructions. As the fabs improved, the Pentium Pro technology moved to the mainstream. The Pentium II and III were Pentium Pro architecture.
This killed the basic advantage of RISC. The "all instructions the same length" concept really killed it - it meant 2x code bloat. That meant bigger caches or worse cache performance. It meant more RAM and more RAM bandwidth or worse memory performance. The x86 instruction set, for all its faults, is compact.
For the crypto problem, the trouble is that modern crypto algorithms are not branch free. DES was. Vernam was. Rotor machines were. RSA and elliptic curve stuff, no. This is independent of the CPU architecture.