Crypto users planning to participate in the 2024 elections in the United States could be a “key swing voting bloc,” with many races polling with tight margins.
According to a poll released on Jan. 2 by the Crypto Council for Innovation (CCI), most crypto-focused individuals surveyed said a candidate’s position on digital assets would be somewhat, very or extremely important to their vote. Roughly 83% of people polled said they would prefer a candidate in the 2024 election who “wants to write clear rules for cryptocurrency” to promote growth in the industry.
“Crypto voters are here to stay and are sending a clear message: they want Congress to prioritize cryptocurrency regulation,” said former U.S. Senator Cory Gardner, a CCI political adviser. “This issue could be the deciding factor in tight races, offering a unique opportunity for any party ready to earn their trust.”
The poll, conducted in December 2023 with 454 U.S. voters — 89% of whom said they viewed cryptocurrencies favorably — showed their primary issue when deciding on the next president and members of Congress was inflation and the cost of living at 31%. When presented with a choice between U.S. President Joe Biden or former President Donald Trump in 2024, 51% said they would vote for Trump. However, 46% said they would be more likely to vote for Democratic members of the House and Senate, compared to 42% who said they would vote Republican.
“While crypto owners are more likely to support a generic Democratic candidate over a Republican for Congress (by 4-points), these same crypto voters would currently vote for Donald Trump over Joe Biden in a head-to-head matchup by 10-points,” said the CCI. “This is significant ticket-splitting.”
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Author: Turner Wright
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