Crypto owners are evenly split between Vice President Kamala Harris and former President Donald Trump ahead of the 2024 election. This survey comes after both candidates have relaxed their positions on the crypto industry as a viable financial enterprise.
The survey, released Monday as part of Coinbase’s Q3 State of Crypto report, found that 47% of cryptocurrency owners plan to vote for Harris, while another 47% support Trump.
Both candidates are vying for the votes of cryptocurrency owners, a group seen as crucial in a tight election.
The U.S. has 52 million adults who own cryptocurrency, including 6.5 million living in key swing states such as Arizona, Georgia and Pennsylvania.
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Of those surveyed, 95% of crypto owners said they plan to vote in November. Additionally, 75% believe policymakers should ensure the U.S. remains a leader in digital assets.
Trump, who once dismissed cryptocurrency as a “scam,” has now embraced the industry.
He recently promised to make the U.S. the “crypto capital of the planet” if reelected and launched a crypto project with his sons earlier this month.
Harris has taken a more cautious approach, stating her support for innovative technologies like AI and digital assets, while emphasizing the need to protect consumers and investors.
Her position differs from that of the Biden administration, which has had a tense relationship with the crypto industry due in part to the enforcement approach of SEC Chair Gary Gensler.
The crypto industry has spent over $100 million on the 2024 election thus far, a multitude higher than any past political events. As digital currencies become more mainstream, crypto policy will demand more attention from Washington.
Tags: 2024 Elections, crypto mining, Cryptocurrency, Donald Trump, Gary Gensler, Joe Biden, Kamala Harris, Securities and Exchange Commission
IN THE RACE FOR THE WHITE HOUSE, CRYPTOCURRENCY OWNERS ARE PROVING TO BE A CRITICAL VOTING BLOC, AND THEY’RE EVENLY SPLIT BETWEEN BOTH CANDIDATES.
NEW POLLING FROM MORNING CONSULT, CONDUCTED FOR COINBASE, SHOWS THAT 47-PERCENT OF U-S CRYPTO OWNERS PLAN TO VOTE FOR VICE PRESIDENT KAMALA HARRIS, WHILE AN EQUAL 47-PERCENT SUPPORT FORMER PRESIDENT DONALD TRUMP.
THE U-S HAS 52 MILLION ADULTS WHO OWN CRYPTOCURRENCY. ABOUT 6-POINT-5 MILLION LIVE IN THE KEY SWING STATES, ARIZONA, GEORGIA, MICHIGAN, NORTH CAROLINA, NEVADA, PENNSYLVANIA AND WISCONSIN… MAKING THEM A GROUP BOTH CANDIDATES ARE EAGER TO COURT.
95-PERCENT OF CRYPTO OWNERS SAY THEY PLAN TO VOTE THIS NOVEMBER. THREE-QUARTERS OF THEM ALSO BELIEVE THE U-S SHOULD REMAIN A LEADER IN DIGITAL ASSETS.
TRUMP, WHO ONCE CALLED CRYPTO A ‘SCAM,’ HAS EMBRACED THE INDUSTRY OVER THE YEARS, VOWING TO MAKE THE U-S THE ‘CRYPTO CAPITAL OF THE PLANET’ IF RE-ELECTED. HE ALSO LAUNCHED THE CRYPTO PROJECT WORLD LIBERTY FINANCIAL WITH HIS SONS… IN ADDITION TO VARIOUS TRUMP DIGITAL TRADING CARD COLLECTIONS.
HARRIS, WHILE MORE CAUTIOUS… RECENTLY VOICED SUPPORT FOR INNOVATIVE TECHNOLOGIES LIKE DIGITAL ASSETS AND ARTIFICIAL INTELLIGENCE, WHILE EMPHASIZING A NEED TO PROTECT CONSUMERS AND INVESTORS. HER STANCE DIFFERS FROM THE BIDEN ADMINISTRATION’S MORE SKEPTICAL APPROACH UNDER S-E-C CHAIR GARY GENSLER.
THE CRYPTO INDUSTRY HAS SPENT OVER 100-MILLION ON THE 2024 ELECTION THUS FAR… MANY TIMES MORE THAN ANY PAST POLITICAL EVENTS. AS DIGITAL CURRENCIES BECOME MORE MAINSTREAM… CRYPTO POLICY WILL DEMAND MORE ATTENTION FROM WASHINGTON.
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