Survey: Crypto Voters Prefer Democrats Running for Congress, Back Trump for President
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A recent poll from the Cryptocurrency Innovation Council provides insights into the political preferences of cryptocurrency voters, which could influence the 2024 elections.
A December survey of 454 participants conducted by Tarrance Group and Patinkin Research Strategies revealed a divide among cryptocurrency voters, with 41% backing President Joe Biden and 51% expressing support for former President Donald Trump general.
Regarding the congressional elections, opinion poll It was found that 46% of crypto voters lean Democratic, while 42% lean Republican. Notably, 9% remain undecided, highlighting the diverse political landscape within the cryptocurrency community.
Brett Quick, head of government affairs at the Cryptocurrency Alliance, emphasized the importance of nuanced policymaking and recognized the influential role crypto voters could play in shaping the 2024 electoral landscape. The results demonstrate the need for political candidates to engage with the diverse perspectives of the cryptocurrency community.
As discussions about cryptocurrency regulation unfold, the survey shows that 83% of voters who have to choose between Biden and Trump prefer the candidate who advocates clear rules in the cryptocurrency space. This is in line with ongoing regulatory efforts by the Securities and Exchange Commission (SEC) under the Biden administration, which has placed major cryptocurrency companies under closer scrutiny.
Former President Trump’s involvement in cryptocurrencies, including the release of a series of NFTs in 2022 and a digital trading card in 2023, adds a unique dimension to the intersection between politicians and the crypto industry.