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A recent survey from the crypto Council for Innovation offers insight into the political preferences of crypto voters, which could influence the 2024 elections.
The survey of 454 participants, conducted by The Tarrance Group and Patinkin Research Strategies in December, indicates a split among crypto voters, with 41% favoring President Joe Biden and 51% expressing support for former President Donald Trump.
Regarding the congressional elections, the crypto-voters-are-a-key-swing-bloc-in-2024-election/” data-type=”link” data-id=”https://cryptoforinnovation.org/poll-finds-crypto-voters-are-a-key-swing-bloc-in-2024-election/” target=”_blank” rel=”noopener”>survey found that 46% of crypto voters lean toward Democrats, while 42% favor Republicans. Notably, 9% remain undecided, underscoring the diverse political landscape within the crypto community.
Brett Quick, head of government affairs at the crypto alliance, emphasized the importance of nuanced policymaking, acknowledging the influential role crypto voters could play in shaping the 2024 electoral landscape. The results suggest the need for political candidates to interact with the diverse perspectives of the crypto community.
As discussions over cryptocurrency regulations unfold, the survey revealed that 83% of voters deciding between Biden and Trump prefer candidates who advocate for clear rules in the cryptocurrency space. This aligns with ongoing regulatory efforts by the Securities and Exchange Commission (SEC) under the Biden administration, which has taken a closer look at major crypto companies.
Former President Trump's involvement in cryptocurrencies, including the launch of nft collections in 2022 and digital trading cards in 2023, adds a unique dimension to the intersection between political figures and the cryptocurrency industry.
