Half of US Voters Reportedly Support Pro- Bitcoin and Crypto Policies

Half of all US voters support “pro-crypto” policies according to a research report released by ConsenSys.

Consensys, and global market research and data analytics technology group, HarrisX, unveiled a research study on US voters’ views on the current blockchain and crypto landscape as it “relates to the upcoming 2024 US election.”

According to a nationwide poll conducted by HarrisX, a non-partisan global market research, data analytics, and strategy consulting company, 49% of all U.S. voters consider a pro-crypto stance important, “with voters 13 points more likely to cross party lines for favorable policies.”

With 85% of crypto voters expecting candidates to adopt pro-crypto positions, both parties are said to have a “rare chance” to capture significant voter share.

Voters in Michigan, Pennsylvania, and Wisconsin could be key, with “strong divisions” on crypto regulation preferences.

92% of crypto owners plan to vote, underscoring their considerable potential impact on the upcoming election.

Consensys and HarrisX note that the latest results highlight a “rare bipartisan opportunity” for candidates to win votes amongst crypto owners, “of whom 92% plan to vote.”

Nearly half (49%) of voters nationally consider a pro-crypto stance important, and voters are 13% more likely to consider “crossing party lines” for a candidate with “favorable” crypto policies.

The survey polled a “geographically representative” sample of 1,664 registered voters nationally and 1,512 to 1,774 registered voters in Pennsylvania, Michigan, Wisconsin, and Texas between September 4th and September 14th, 2024.

With 85% of crypto voters believing it to be crucial for presidential candidates to take a pro-crypto position, Americans recognize the importance of maintaining the U.S. at the “forefront” of the crypto and Web3 industry.

This is said to open a key opportunity for either party to capture “meaningful votes” in what is shaping up to be a “tight race.”

Voters remain divided on who they trust to set crypto policies.

Over half (56%) support Donald Trump’s pro-crypto stance, with a third saying they are more likely to vote for him because of it.

On the other side of the aisle, 54% of voters believe it is important for Kamala Harris to take a clear position on crypto, showing that “neither party has a monopoly on the issue.”

Similarly, voters are split between “trusting” Republicans (35%) and Democrats (32%) on setting crypto policies.

This lack of consensus highlights uncertainty about which political approach will best foster innovation while protecting consumer interests.

These polling results are being released at a time when a number of high-profile web3 companies have “brought litigation against U.S. regulators in an attempt to create regulatory clarity for the industry.”

44% of voters think the U.S. government is “doing too little to support the crypto industry.”

When asked what policy position would have a swing on a voter’s likelihood to support a candidate, 78% chose implementing measures to “protect consumers from fraud and scams related to cryptocurrencies.”

Crypto owners could play a “decisive role” in the upcoming election, particularly in swing states such as Michigan, Pennsylvania, and Wisconsin.

In Michigan, 59% of voters prefer a “free market approach” to crypto, while 41% believe the government should regulate it.

Voters are split on which party they trust more to “regulate the crypto industry,” with 39% trusting Republicans and 36% trusting Democrats.

In Pennsylvania, 34% of voters are open to voting outside their party if a candidate supports pro-crypto policies, making this a “critical opportunity for undecided voters.”

As with other states, neither party dominates “trust” to regulate crypto in Pennsylvania, presenting a unique opportunity for campaigning politicians.

In Wisconsin, the Republican Party has a “slight edge” among voters when it comes to setting crypto policies, with 40% trusting Republicans.

In Wisconsin, crypto is gaining popularity among “blue-collar” voters as a financial lifeline amid economic uncertainty.

These three states could be “pivotal” in determining the outcome of the election and emphasize the importance for both parties to “address the crypto issue.”

About the Methodology

This survey was conducted online by prominent pollster HarrisX across the United States between September 4-14, 2024, surveying 1,664 registered voters nationally; and in Pennsylvania, Michigan, Wisconsin, and among between 1,512 and 1,774 registered voters.

The results are said to reflect a “geographically representative” sample of registered voters.

Results were weighted for age, gender, region, area type, race/ethnicity, income, political party, education, Cryptocurrency ownership, ideology, and 2020 vote choice where “necessary” to align them with their “actual proportions in the population.”

The margin of error for the total sample is +/- 2.4 percentage points, and the sampling margin of error within each state is between +/- 2.3 and 2.5 percentage points “depending on the state’s sample.”



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