A recent study conducted by blockchain software technology company ConsenSys reveals the importance of pro-crypto voters in shaping the regulatory landscape as the 2024 US presidential election approaches.

Amid ongoing scrutiny from the U.S. Securities and Exchange Commission (SEC), the survey reveals critical insights into voter sentiment and preferences between former President Donald Trump and current Vice President Kamala Harris.

The intention of crypto owners to shape the election results

According to the questionnaire92% of crypto owners plan to vote in the upcoming election, demonstrating the significant influence digital asset voters can have on policy decisions after the election is less than two months away.

Joe Lubin, CEO and founder of ConsenSys and co-founder of Ethereum, emphasized the need for regulatory clarity in the crypto sector and states: “There is a myth that the crypto sector does not want regulation, but that is simply not true.”

The survey, which surveyed 1,664 registered voters nationally and even more respondents in key states like Pennsylvania, Michigan, Wisconsin and Texas, revealed some notable trends.

About 19% of American voters currently own digital assets Bitcoin (BTC) is the most favorite token among respondents. Furthermore, one in three voters indicate they are willing to invest in cryptocurrency in the coming year.

Notably, the survey found that 40% of voters are open to crossing party lines if a candidate advocates pro-crypto policies, giving both former President Trump and Vice President Harris an opportunity to appeal to the emerging electorate.

However, one of the most important aspects of the survey shows that 56% of respondents are enthusiastic about it Trump’s support for the digital assets sector, with a significant 54% believing Kamala Harris should clarify her position on the issue.

This despite Harris’ recent fact comments promises to promote the growth of technology sectors, including artificial intelligence (AI) and digital assets, if elected president, leading voters to join the former president’s proposals.

A significant 40% of voters believe the U.S. government is not doing enough to support industry growth. Respondents identified several areas for improvement, including improving consumer protection and providing greater clarity regulatory informationsimplifying user experiences with web3 applications and improving transparency within the industry.

Both sides urged voters to address voters’ concerns

As the 2024 elections approach, the study notes that the emerging crypto electorate represents a “powerful and engaged” group of voters advocating for the growth and protection of digital assets.

Noting the growing presence of crypto-motivated voters, Dritan Nesho, founder and CEO of HarrisX, said: “In every state we surveyed, crypto-motivated voters today outnumber the margin of victory from the last presidential election.”

This suggests that both parties have a compelling incentive to address the concerns of crypto voters, especially since nearly half of respondents believe a candidate’s pro-digital asset stance is crucial to making their money. to vote.

Crypto
The 1D chart shows the total crypto market cap valuation at $2.05 trillion. Source: TOTAL on TradingView.com

Featured image of DALL-E, chart from TradingView.com

By newadx4

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