The next US presidential election is around the corner. Candidates’ knowledge of crypto is becoming necessary to get more votes, especially from those who are into crypto.

Role of US Regulators

US voters see a vital role for regulators in managing new and emerging technologies. What are the primary duties they apportion to the regulators? National security concerns (47%) and investor or consumer protection (45%). However, for Democrats, regulators occupy more of this space than their Republican or Independent counterparts.

Political Divide on Cryptocurrency

When it comes to this industry, the Republican Party is more favorable to both investors and companies. The public views both parties equally when protecting financial privacy. Crypto holders are more confident in other types of assets, including equities and fixed income, compared to non-holders. 78% of crypto holders believe that such financial systems focus on fewer bank branches but more on automated technologies, leading to a fairer economy, while only 40% of non-investors think so.

View of Crypto Owners and Non-Owners

Crypto owners are paying attention to how presidential candidates view digital assets. 78% of crypto owners say they’re more likely to vote for an informed candidate than 50% of non-owners. Besides, 74% of holders are more concerned with candidates’ positions on BTC and other digital currencies than before. It is important to note that this category will take the candidate’s stand on digital assets into account before voting.

Grayscale’s report shows that cryptocurrency plays a more prominent role in voters’ thinking about the 2024 election. From financial privacy to national security to innovation, they put a lot of stock in a candidate’s stance on digital assets. Any candidate who wants to engage this group of voters must display interest in digital assets. Crypto in politics may increase as more people in the United States embrace digital currency.