I in the next US presidential election is fast approaching, and the crypto state of candidates it has become a key point of the campaign than many would expect. According to a recent study by Consensys, the majority of crypto holders plan to vote in the presidential election, almost half of these voters consider a pro-crypto stance as an important factor in their choice of political candidates.
Increasing Crypto Awareness Among Voters
I recent research Consensys, in partnership with HarrisX, emphasized the growing importance of the crypto industry among the new voter base. According to the survey, 92% of crypto owners in the US plan to vote for the next president. Interestingly, the number of crypto-motivated respondents who are willing to vote was above the final limit of the presidential election in all states surveyed.
The survey found that a pro-crypto policy is an important factor for voters in the election, with 49% believing that it is important for a candidate to run on everything. Even more surprising is that 40% of voter respondents are willing to change their party of choice if the candidate expresses pro-crypto views, while a smaller 27% are not.
In terms of government policies, many of the respondents believe that the US government is behind in terms of crypto regulations compared to other crypto-forward countries. In particular, 44% of voters believe that the US government is not doing enough to encourage industrial growth. This concept is especially valid, considering The SEC’s history of reductions in the industry.
Consistency Moving Forward
The presence of the crypto industry in the United States has grown significantly since the last presidential election. Looking ahead, the influence of cryptocurrency on political campaigns is likely to grow. As more voters embrace digital assets, candidates will be forced to include crypto-related policies in their platforms.
According to the report, 19% of US voters currently own crypto. This is expected to grow in the coming years, with one in three voters saying they are likely to invest in crypto next year. Unsurprisingly, Bitcoin is the most common asset, with 13% of US voters having Bitcoin in their portfolio.
Looking ahead, respondents’ opinions are divided on which political party is better equipped to navigate the crypto industry better. The survey shows that 35% of respondents trust the Republican party, while 32% trust the Democratic party to get crypto policies right. On the other hand, 26% have yet to make a decision.
However, 56% of respondents are happy with it Donald Trump’s latest crypto-positive campaigns, while 54% think Kamala Harris needs a spell his crypto game plan. 33% of respondents are likely to switch their preferred candidate if he takes a pro-crypto stance.
Featured image from Pexels, chart from TradingView