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Research Highlights Bitcoin And Crypto Stance As Important Factors In Upcoming US Elections

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the The upcoming US presidential elections Fast approaching, the position of encryption for the candidates It became an important campaign point Than many expected. According to a recent poll Conducted by Consensys, The majority of cryptocurrency holders plan to vote in the presidential election, with nearly half of these voters considering a pro-crypto stance to be a deciding factor in their choice of political candidates.

Rising awareness of cryptocurrencies among voters

the Recent study Consensys, in partnership with HarrisX, highlighted the growing importance of the cryptocurrency industry among the incoming young voter base. According to the study, 92% of cryptocurrency owners in the United States plan to vote for the next president. Interestingly, the number of crypto-motivated participants willing to vote was greater than the margin of victory in the last presidential election in every state where the study was conducted.

The study found that pro-crypto policy was a deciding factor for voters in the election, with 49% believing it was important for their candidate to engage with this policy. Even more surprising is that 40% of voters surveyed are willing to change their preferred party if the candidate expresses pro-crypto views, while less than 27% are unwilling to do so.

In terms of government policies, many participants believe that the US government is lagging behind in terms of cryptocurrency regulations compared to other countries offering crypto services. In particular, 44% of voters believe that the US government is not doing enough to encourage the growth of this industry. This feeling is especially true, given… The SEC’s history of tightening up On industry.

BTC is now trading at $62,032. table: TradingView

Consensus moves forward

The presence of the cryptocurrency industry in the United States has grown significantly since the last presidential election. Looking to the future, the influence of cryptocurrencies on political campaigns is likely to increase. As more voters embrace digital assets, candidates will be forced to integrate crypto-related policies into their platforms.

According to the report, 19% of American voters currently own cryptocurrencies. This is expected to increase in the coming years, with one in three voters saying they are likely to invest in cryptocurrencies in the next year. Unsurprisingly, Bitcoin is the most popular asset, with 13% of US voters owning Bitcoin in their portfolios.

Looking to the future, participants’ opinions are divided on which political party is best equipped to navigate the cryptocurrency industry. The study shows that 35% of respondents trust the Republican Party, while 32% trust the Democratic Party to get cryptocurrency policies right. On the other hand, 26% said that they had not made their decision yet.

However, 56% of respondents are happy with it Donald Trump’s latest positive cryptocurrency campaigns, while 54% believe Kamala Harris needs an explanation Its crypto game plan. 33% of respondents would be more likely to change their preferred candidate if she took a pro-crypto stance.

Featured image from Pexels, chart from TradingView

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