30s Summary
A survey by The Digital Chamber reveals that 26 million American voters see pro-crypto policy as a key factor while choosing election candidates. Crypto policy affects voting decisions of both Democrats and Republicans. Two out of every five Black voters attach importance to a candidate’s stance on crypto, double the percentage among white voters. Voters seek a balance between consumer protection and innovation. Despite crypto policy not featuring earlier as an election issue, it is currently influencing voters. Economic policy, healthcare system state, and Supreme Court appointments also influence voters.
Full Article
A recent survey has revealed that about 26 million American voters, who are shaping up to be a ‘crypto voting bloc’, view pro crypto policy as key when choosing their candidate in the coming elections. The survey was conducted by The Digital Chamber, a crypto advocacy group and showed that one in every seven respondents were more inclined to vote for a candidate who supports crypto.
The respondents included both Democrats and Republicans, with at least 25% of Democrats and 21% of Republicans revealing that a candidate’s pro-crypto stance would influence their vote positively. Taking these results into account, The Digital Chamber’s founder and CEO, Perianne Boring, urged policymakers to take note, as experts predict a fiercely contested race for the White House.
According to Boring, voters’ preference for sensible regulation that balances consumer protection without curbing innovation is evident and could potentially tip the scales in key races.
The survey also revealed that candidate’s stance on crypto forms an important part of the voting decision for two in every five Black voters surveyed – a percentage that’s over double than among white voters. Most respondents from the two major American political parties, Republican and Democrat, felt that it should be a mid-level priority for the new president and Congress to support the crypto industry.
Interestingly, while economic policy is flagged as a top voting issue in a separate Pew Research report last month, crypto policy did not feature as an election issue. However, these findings suggest that crypto is indeed playing a growing role in influencing voters. The two top issues to voters after economic policy were found to be healthcare system state and Supreme Court appointments. The 2024 US elections are poised for Nov. 5.
Source: Cointelegraph