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US has 26M strong 'crypto voting bloc' ahead of elections -- Survey

By Stephen Katte

US has 26M strong 'crypto voting bloc' ahead of elections  --  Survey

Around 26 million United States voters are part of a "crypto voting bloc" -- flagging a pro crypto policy as a top requirement when deciding on who to vote for in the upcoming election, a survey has found.

One in seven -- or 16% -- of 1,004 respondents said crypto was "extremely" or "very" important in deciding who to vote for and were "much" or "somewhat" more likely to vote for a candidate if they were pro-crypto, according to a survey released on Oct. 17 by The Digital Chamber.

The crypto advocacy group, formerly called The Chamber of Digital Commerce, said respondents comprised of both Democrats and Republicans.

It added at least 25% of Democrats and 21% of Republicans said a candidate's stance on crypto would positively impact their likelihood of voting for them.

The Digital Chamber founder and CEO, Perianne Boring, said the results should be "a wake-up call for policymakers" as experts predict a tight race for the White House.

"With tight margins expected across key races, this bipartisan Crypto Voting Bloc could tip the balance," Boring said.

"Voters are sending a clear message -- they want smart, balanced regulation that protects consumers without stifling innovation," she added.

The survey also found two in five Black voters listed a candidate's crypto policies as an important criteria when deciding who to vote for -- more than double the proportion of white voters.

The majority of Republican and Democrat respondents also indicated supporting the crypto industry should be at least a medium-level priority for the new president and Congress.

A third of Democrats and a quarter of Republicans thought it should be either a "high" or "very high" priority.

Republicans and Democrats divided in other key areas

In a Pew Research report last month, 81% said economic policy would be the top issue that attracts their vote.

Crypto wasn't flagged as an election issue by any of the 9,720 respondents, but the state of the health care system and appointments to the Supreme Court were the second and third biggest issues for voters, respectively.

Related: Better Know a Crypto Candidate: Kari Lake

Between the parties, voters were divided on what was most important.

Among Republican candidate Donald Trump's supporters, the leading issues were the economy (93%), immigration (82%) and violent crime (76%).

However, Democrat candidate Kamala Harris supporters were more concerned about healthcare (76%), Supreme Court appointments (73%), and the economy (68%).

The 2024 US elections are slated for Nov. 5.

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