A new survey by ConsenSys and HarrisX reveals that nearly half of U.S. voters (49%) consider a pro-crypto stance important when choosing political candidates.
Additionally, 62% are willing to cross party lines for a candidate who supports pro-cryptocurrency policies.
Crypto Regulation and Voter Sentiment
The study also found that 85% of respondents want presidential candidates to adopt a clear position on cryptocurrency. The findings suggest that any party recognizing this could gain significant votes in the tightly contested race.
Voters also expressed concerns about the current state of crypto regulation, with 44% of respondents feeling that the Biden administration is not doing enough to support the industry. Additionally, 78% said they would support politicians who focus on protecting users from crypto-related scams.
Joe Lubin, CEO of ConsenSys and co-founder of Ethereum, addressed the study’s findings, stating, “There’s a myth that the crypto sector doesn’t want regulation, but that’s simply not true.” Lubin called for more regulatory clarity, noting that both parties need to recognize the importance of crypto as a bipartisan issue. “We’ve been operating under a cloud of uncertainty for too long,” he added.
Despite growing interest in digital assets, the study found voters confused about which U.S. regulatory body currently oversees the sector. Only 15% of respondents correctly identified the Securities and Exchange Commission (SEC) as the regulator, while just 4% pointed to the Commodity Futures Trading Commission (CFTC). 11 % of the respondents believed the U.S. Treasury Department is responsible, and another 11% thought the industry was self-regulating.
However, when asked which agencies understand the industry well enough to set crypto policies, 70% said the SEC, and 67% favored the CFTC.
Political Figures’ Crypto Knowledge
The study also examined public perceptions of U.S. politicians’ understanding of cryptocurrency. Former President Donald Trump was viewed as the most knowledgeable, with 53% of respondents saying he has a st
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Author: Wayne Jones
