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BlockNews
Home CRYPTO

Crypto Will be a Major Factor in the 2024 Elections, and Here is Why

Michael Juanico by Michael Juanico
May 7, 2024
in CRYPTO, POLITICS
Reading Time: 3 mins read
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  • A survey by Digital Currency Group and The Harris Poll suggests crypto could be a key issue for voters in swing states during the 2024 US elections.
  • Over 90% of respondents in Michigan, Nevada, Ohio, Montana, Pennsylvania or Arizona said they intended to vote in the 2024 elections.
  • The survey found that voters with positive views on crypto did not show major differences based on household income or political party lean, except for Ohio where 77% of voters were more negative towards crypto.

The results of a recent survey suggest that voters’ positions on digital assets may sway key swing states in the 2024 U.S. elections.

JUST IN: 1 in 5 voters in swing states believe crypto is a major issue in the 2024 election pic.twitter.com/ks7veFIvij

— BlockNews.com (@blocknewsdotcom) May 7, 2024

Survey Results Show Crypto’s Growing Relevance

A survey conducted by Digital Currency Group (DCG) and The Harris Poll in April 2022 polled 1,201 registered voters. Key findings include:

  • Over two-thirds of respondents somewhat or strongly agreed that crypto is equitable and accessible.
  • More than 90% of voters surveyed in swing states like Michigan, Nevada, Ohio, Montana, Pennsylvania and Arizona said they plan to vote in 2024.
  • 26% of voters said candidates’ stances on crypto will help decide their vote.

Crypto Views Don’t Depend on Demographics

The positive outlook on crypto crossed demographic lines:

  • There were no major differences based on household income.
  • Support was similar across political affiliations.
  • However, 77% of Ohio voters held more negative views.

Crypto’s Impact on Key Senate Races

The Senate race in Ohio between Democrat Sherrod Brown and Republican J.D. Vance could be influenced by crypto policy positions.

While Vance could win in Ohio, Democrats could still keep Senate control and the Banking Committee chair.

Looking Ahead to 2024

With control of the Presidency, House and Senate up for grabs, crypto is poised to be a critical issue. Political action committees have already raised over $100 million to support crypto-friendly candidates.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: cryptodigital assetsDigital Currency GroupJ.D. VanceSherrod Brown
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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