A new survey commissioned by digital asset management giant Grayscale reveals US voters’ stance on crypto as midterm elections approach.
The online poll, which was conducted between October 6th and 11th, involved 2,029 adults, 89% of whom plan to vote in the coming elections.
More than half of participants agreed that crypto is the “future of finance” and 37% say they will consider candidates’ policy positions on digital assets when they cast their votes.
The results also shows bipartisan support for the idea of US authorities establishing a regulatory framework for digital assets. Eighty-eight percent of the Democrats who participated in the survey and 77% of the Republicans say there should be clearer regulations for the crypto industry.
The poll also reveals that the majority of American voters, regardless of political leanings, want consumer-friendly crypto regulation that allows consumers to decide on how to invest in the space.
Says Grayscale CEO Michael Sonnenshein,
“As we approach the midterm election, U.S. voters are considering the intersection of cryptocurrency, traditional finance, and the state of the economy. This survey reinforces that crypto continues to generate diverse, mainstream investor interest and engagement.”
The result of the survey comes amid Grayscale’s ongoing legal battle with securities regulators. The asset manager is suing the U.S. Securities and Exchange Commission (SEC) under allegations that the agency’s rejection of Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) application “unjustifiably limits investor choice.”
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxFeatured Image: Shutterstock/balabolka/IfH