The Digital Chamber has released a survey titled "Americans’ Views on Crypto Policies," which examines how cryptocurrency regulations could influence voter behavior in the upcoming 2024 elections. Conducted in collaboration with XandY, the survey sheds light on public opinion regarding crypto regulation and its potential impact on voting decisions.
According to the survey, approximately one in seven likely voters, or 16% (equivalent to 26 million individuals), identify as part of the "Crypto Voting Bloc." This indicates that cryptocurrency policy will be a significant factor in their decision-making process for the 2024 elections. The group includes both Democrats and Republicans, with candidates who adopt a pro-crypto stance potentially gaining an advantage. The findings reveal that 25% of Democrats and 21% of Republicans say that a candidate's position on crypto would positively influence their likelihood of voting for them.
Public sentiment about cryptocurrency is varied, with 46% of respondents expressing neutrality on the issue. However, those more familiar with cryptocurrency tend to have more positive views, with 29% holding positive opinions compared to 25% negative. Increased familiarity with crypto also correlates with greater trust in government regulation; individuals knowledgeable about digital assets are more confident in officials' ability to regulate the space effectively.
Perianne Boring, Founder and CEO of The Digital Chamber, says: "With tight margins expected across key races, this bipartisan Crypto Voting Bloc could tip the balance. Voters are sending a clear message—they want smart, balanced regulation that protects consumers without stifling innovation. Embracing a pro-crypto stance is a powerful opportunity for candidates to connect with this rapidly growing base."
The Digital Chamber was established in 2014 and advocates for the adoption and growth of digital assets and blockchain technologies by educating policymakers, regulators, and industry leaders. Its mission is to create a supportive environment for innovation, job creation, and investment in the digital asset sector, particularly in response to past industry challenges such as Silk Road and Mt. Gox.