Crypto Voting Bloc Emerges As Key Factor In Upcoming US Elections

According to Cointelegraph, a recent survey by The Digital Chamber has revealed that around 26 million United States voters consider pro-crypto policies a significant factor in their voting decisions for the upcoming election. The survey, released on October 17, found that one in seven respondents, or 16% of the 1,004 surveyed, deemed crypto as 'extremely' or 'very' important in deciding their vote. These respondents were more likely to support candidates with pro-crypto stances. The survey included both Democrats and Republicans, with 25% of Democrats and 21% of Republicans indicating that a candidate's stance on crypto would positively influence their likelihood of voting for them. Perianne Boring, founder and CEO of The Digital Chamber, emphasized that the results should serve as a 'wake-up call for policymakers,' especially given the anticipated tight race for the White House. Boring noted that voters are seeking 'smart, balanced regulation that protects consumers without stifling innovation.' The survey also highlighted that two in five Black voters considered a candidate's crypto policies important, a proportion more than double that of white voters. Additionally, a majority of respondents from both major parties believed that supporting the crypto industry should be at least a medium-level priority for the new president and Congress. Over 60% of respondents from both parties thought crypto should be a medium to high-level priority for the new US government, with a third of Democrats and a quarter of Republicans considering it a 'high' or 'very high' priority. In contrast, a Pew Research report last month indicated that 81% of respondents viewed economic policy as the top issue influencing their vote, with healthcare and Supreme Court appointments following. The report did not highlight crypto as an election issue among the 9,720 respondents. The survey also revealed a division between party supporters on key issues. Among Republican candidate Donald Trump's supporters, the leading concerns were the economy (93%), immigration (82%), and violent crime (76%). Meanwhile, Democrat candidate Kamala Harris's supporters prioritized healthcare (76%), Supreme Court appointments (73%), and the economy (68%). The 2024 US elections are scheduled for November 5.