- According to a CCI poll, crypto-focused voters could be crucial swing votes in the 2024 US elections, with tight races predicted and 83% wanting clear crypto rules.
- While 89% of poll respondents view crypto favorably, 51% would vote Trump over Biden. But 46% lean Democratic for Congress vs 42% Republican, showing crypto owners’ importance as swing voters.
- Inflation is respondents’ top issue at 31%, but many also say a candidate’s crypto regulation stance will strongly influence their vote. With close contests expected, appeasing crypto swing voters may prove decisive.
A recent poll by the Crypto Council for Innovation (CCI) suggests crypto-focused voters could provide crucial swing votes in the 2024 U.S. presidential and congressional elections. With many races projected to be tight contests, candidates’ stances on cryptocurrency regulation could sway these voters’ decisions.
Voters Want Clear Crypto Rules
The CCI poll of 454 voters in December 2022 found that 83% want a candidate who will establish clear cryptocurrency rules to encourage industry growth. According to former Senator Cory Gardner, a CCI advisor, “This issue could be the deciding factor in tight races, offering a unique opportunity for any party ready to earn their trust.”
Crypto Owners Favor Trump, But Split Votes
While 89% of respondents view cryptocurrencies favorably, 51% would vote for Donald Trump over Joe Biden for president. However, 46% say they are more likely to vote for Democratic congressional candidates compared to 42% for Republicans. This significant “ticket-splitting” shows crypto owners’ importance as swing voters.
Inflation Top Concern, Crypto Regulation Also Key
The poll found respondents’ top issue was inflation and cost of living at 31%. But many also said a candidate’s crypto regulation stance would be very or extremely important for their vote. With Trump and Biden neck-and-neck in early polls, crypto could tip the balance in a close 2024 race.
As crypto owners become a more significant voting bloc, candidates across parties may need to clarify their positions on cryptocurrency regulation. With tight contests predicted, appeasing these swing voters could prove decisive in determining the next president and congressional majority.