26m US voters make up the ‘crypto voting bloc’ in the 2024 presidential election

In a survey conducted by The Digital Chamber, one in seven US voters say a candidate’s crypto stance could determine who gets their vote in the upcoming presidential election.

The Digital Chamber, the digital asset industry trade association, found that one-seventh of survey respondents said cryptocurrency is “extremely” or “very” important in determining who gets the vote in the 2024 US Presidential Election.

In the survey titled “Americans’ Views on Crypto Policies and Their Impact on Voting,” 16% of 1,004 respondents belonged to the “Crypto Voting Bloc,” which consists of an estimated 26 million voters comprised of Republicans and Democrats. or are much more likely to vote for a pro-crypto candidate.

25 percent of Democrats and 21 percent of Republicans agreed that a candidate’s stance on crypto could positively impact the likelihood of voting for them. This means pro-cryptocurrency presidential candidates could gain a significant advantage at the ballot box.

Perianne Boring, founder and CEO of The Digital Chamber, said the results from the Crypto Voter Bloc National Survey serve as a wake-up call for policymakers because they show crypto-minded voters are likely to “shift the balance.” in the presidential race

“Voters are sending a clear message; They want smart, balanced regulation that protects consumers without stifling innovation. Adopting a pro-crypto stance is a powerful opportunity for candidates to connect with this rapidly growing base, Boring said.

The poll results also show that two in five Black voters say a candidate’s crypto policies would greatly impact their vote; That’s more than twice the rate of white voters.

Although public sentiment toward crypto remains mixed, with 46% of survey respondents feeling neutral on crypto, a majority of Republican and Democratic respondents believe crypto should be at least a moderate priority for the new president and Congress.

On Oct. 14, Kamala Harris’ campaign team said the Democratic presidential candidate wants to support digital asset policies that protect Black crypto investors. In September, Harris-Walz pledged to balance investor protection with support for innovative industries such as cryptocurrencies.

Meanwhile, Donald Trump has proposed plans to include a national Bitcoin reserve and regulatory frameworks to position the US as the crypto capital of the world. Trump also launched a decentralized finance project known as World Liberty Financial, which he claims has whitelisted more than 100,000 accredited investors.