According to a recent report by Gemini, the crypto exchange founded by the Winklevoss twins, an overwhelming majority of American crypto owners are paying close attention.
According to a recent report by Gemini, the crypto exchange founded by the Winklevoss twins, an overwhelming majority of American crypto owners are paying close attention to presidential candidates' stances on digital asset regulation.
The "Global State of Crypto" report, released on September 10, surveyed 6,000 adults across five countries, including the United States.
The findings reveal that 73% of US respondents who currently own cryptocurrencies believe a candidate's position on crypto will have "some impact" on their vote. Notably, 37% indicated that a presidential candidate's crypto stance would significantly influence their voting decision.
This trend marks a historic shift in US politics, with Gemini noting, "For the first time in United States history, crypto has become a significant campaign issue in a presidential election."
The report also highlights an increasing concern among investors regarding regulatory uncertainty. In 2024, 38% of US respondents cited regulatory concerns as a barrier to entering the crypto market, a substantial increase from 28% in 2022.
This surge in regulatory concerns comes despite a slight uptick in crypto adoption, with the percentage of US respondents reporting no crypto exposure dropping from 75% in 2022 to 65% in 2024. As the election draws nearer, candidates' crypto policies are likely to come under increased scrutiny.
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