A recent survey has revealed that at least 40% of black voters believe crypto policies will determine their vote in the upcoming US elections.

The Role of Crypto in Elections

The survey showed that around 26 million US voters are part of a growing 'crypto voting bloc,' identifying pro-crypto policies as critical when choosing candidates for the 2024 election. Approximately 16% of respondents consider crypto policies to be 'extremely' or 'very' important in their voting decision.

Partisan Differences

The study, which involved 1,004 individuals from both the Democratic and Republican parties, highlighted that 25% of Democrats and 21% of Republicans would be more likely to vote for a candidate who supports the crypto industry. Notably, two in five Black voters consider a candidate’s crypto policies important, more than double the rate of white voters.

Importance of Crypto Regulation

According to Perianne Boring, CEO of The Digital Chamber, the findings should act as a 'wake-up call for policymakers,' especially with predictions of a tight race for the White House. Voters want 'smart, balanced regulation that protects consumers without hindering innovation.'

As the 2024 elections approach, crypto policies may prove to be a significant factor for a segment of the electorate. Despite divisions on other issues, such as the economy or healthcare, many citizens expect the next president and Congress to support the crypto industry.