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Reading: Cryptocurrencies Emerge as Key Issue in Upcoming US Elections
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COINTURK NEWS > News > Cryptocurrencies Emerge as Key Issue in Upcoming US Elections
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Cryptocurrencies Emerge as Key Issue in Upcoming US Elections

In Brief

  • A survey suggests crypto investments might impact the 2024 US elections.

  • Over two-thirds of respondents believe cryptocurrencies benefit people like them.

  • Nearly 90% of participants from key states plan to vote in the 2024 elections.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Digital Currency Group (DCG) and The Harris Poll conducted a survey suggesting that voters’ investments in crypto assets could be a significant issue in the 2024 United States elections. In an online survey conducted in April with 1,201 registered voters, more than two-thirds of the participants agreed, to some extent or strongly, that cryptocurrency is more equitable for people like themselves and the financial system.

Contents
US Elections Highlight CryptocurrenciesNotable Details from the Survey

US Elections Highlight Cryptocurrencies

In Michigan, Nevada, Ohio, Montana, Pennsylvania, or Arizona, more than 90% of the respondents said they planned to vote in the 2024 elections, suggesting that cryptocurrency could be a critical issue for candidates in swing states. Kristin Smith, CEO of the Blockchain Association, referring to the survey, shared the following statements:

“Crypto assets have emerged as a significant issue in the upcoming elections. Additionally, more than a quarter of voters (26%) actively consider the political candidates’ positions on crypto assets when making their decisions. This data underscores the growing importance of our issues in shaping the 2024 election environment.”

Notable Details from the Survey

Other findings from the survey included voters expressing positive views about crypto, showing little difference in terms of household income and political party inclination. However, the Harris survey indicated that 77% of voters in Ohio had a more negative view of cryptocurrencies.

In the Ohio Senate race, it is likely that Democrat Sherrod Brown, who may chair the Senate Banking Committee, and Republican Bernie Moreno will compete. Even if voters choose Moreno over Brown in the 2024 elections, Democrats could still maintain a majority in the Senate and select a different candidate for the committee chairmanship.

Public Citizen reported on May 6 that three crypto-focused political action committees had raised over $100 million to support candidates from both parties in the upcoming elections. The control of the US Presidency, the House of Representatives with a slight Republican majority, and the Senate with a slight Democratic majority will be contested in 2024.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 7 May, 2024 - 9:52 pm 7 May, 2024 - 9:52 pm
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