On Wednesday, a major coalition of crypto industry executives known as the Crypto Council for Innovation published the results of a survey of American voters. The findings underscore the specific significance that the sector and its players are projected to play in the midterm elections that will take place in November.
84% of those surveyed claimed that they would consider a politician’s opinion on crypto when making their voting decision, despite the fact that the great majority of respondents said it would be a secondary consideration.
The research also found that 52% of the 1,200 voters polled believe the sector should have a higher level of regulation, while just 7% of respondents indicated they believe the industry should have a lower level of regulation. The other 41% of participants were equally divided between those who believed the sector was currently adequately controlled and those who did not have an opinion on the matter.
The results of the survey also indicates that voters are more interested in seeing crypto legislated as a legitimate economic sector (45%) than as a fraud and abuse tool (36%). Social media platforms such as Facebook, TikTok, and Instagram are preferred over financial or conventional news sources by a margin of 36% to 31% when it comes to informing users about cryptocurrencies.
Cory Gardner, the Chief Strategist of Political Affairs for the Crypto Council said:
“Our national survey shows voters believe in the promise of digital assets and see it as a long term part of the economy and their financial future. Importantly, they are echoing what the industry has been calling for: regulation that provides clear rules of the road to protect consumers and realize the technology’s full potential.”
