Survey: Only 4% of U.S. Voters Consider Candidates' Crypto Policies When Voting

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A POLITICO and Public First survey shows that only 4% of U.S. voters consider candidates’ crypto policies when voting. For most, liquidity and crypto markets are a low priority, with affordable housing and bank fees taking precedence. Just 18% care about crypto regulation, and 45% view crypto as a risky investment. Only 27% support government efforts to mainstream the asset. Meanwhile, over half of respondents have no plans to trade. Despite this, the industry has already invested $130 million in the 2024 election. CFTC rules and regulatory clarity remain key industry demands ahead of major legislative changes.

Huoxing Finance reports that, on May 14, a survey conducted by POLITICO and the polling firm Public First among 2,035 American adults found that only 4% of respondents said they would consider a political candidate’s stance on cryptocurrency policy when voting. The survey revealed that the issues U.S. voters currently prioritize most include affordable housing, protection against consumer fraud, and lowering bank fees. Only 18% of respondents believed establishing regulatory rules for cryptocurrencies should be a congressional priority—just one percentage point higher than those who prioritized regulating large banks. Additionally, only 27% of respondents supported the U.S. government promoting cryptocurrency as a mainstream financial asset, while 31% opposed it. Forty-five percent of respondents felt that, even if cryptocurrency investments could yield high returns, the risks were “not worth taking”; only 25% believed they were worth it. The survey also showed that over half of respondents said they have never traded cryptocurrency and never will, while only 19% have ever traded crypto assets. Among those who have traded cryptocurrencies, only 7% said a candidate’s stance on crypto would influence their voting choice. However, the report noted that the cryptocurrency industry’s lobbying efforts continue to expand: data shows the industry has spent over $130 million in political funding for the 2024 U.S. election and has already invested approximately $320 million in this year’s midterm elections.

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