Majority of U.S. Voters Favor Pro-Crypto Candidates, Survey Reveals

A recent study shows that 85% of U.S. voters want presidential candidates to take a pro-crypto stance. This highlights the growing importance of cryptocurrency in politics.

The research, conducted by HarrisX and Consensys, reveals that nearly half of U.S. voters are in favor of pro-crypto policies. People are open to considering candidates from different political parties who support cryptocurrency.

Specifically, 49% of voters see a pro-crypto position as essential. Even more interesting, 62% would vote for a candidate from another party if they backed crypto-friendly policies. This indicates that cryptocurrency crosses political lines. The party that actively promotes crypto could gain an edge in upcoming elections.

The survey also shows that 44% of respondents believe the current administration isn’t doing enough to support the crypto industry. A significant 78% said they would support politicians who commit to protecting consumers from crypto scams. This reveals a strong desire for effective regulation.

Joe Lubin, the CEO and co-founder of Consensys and Ethereum, stated, “There’s a myth that the crypto sector doesn’t want regulation, but that’s simply not true. Consensys advocates for the regulatory clarity needed for an industry that supports many new technologies and innovations to thrive in the U.S. This poll shows that crypto is a bipartisan issue, with voters calling for clarity and a pro-crypto approach.”

When it comes to who should regulate the crypto industry, opinions vary. Only 15% think the Securities and Exchange Commission (SEC) is currently overseeing the sector. Just 4% believe the Commodity Futures Trading Commission (CFTC) is in charge. Eleven percent say the U.S. Treasury Department is responsible, while another 11% think the industry is self-regulating.

Interestingly, when asked which organizations have enough knowledge to set appropriate policies, 70% chose the SEC, and 67% picked the CFTC. This shows general trust in these institutions to guide crypto regulation.

Among political figures, former President Donald Trump received the highest score. Fifty-three percent of respondents believe he understands the crypto industry well enough to implement effective policies. This is notably higher than the 41% who feel the same about Vice President Kamala Harris. President Joe Biden trails with only 36% of respondents confident in his understanding of the crypto sector.

For more insights into the evolving world of cryptocurrency, consider joining Benzinga’s Future of Digital Assets event on November 19.

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