A new poll shows that Donald Trump’s pro-crypto stances are helping him win over Republican voters for the 2024 presidential election.
According to a poll conducted in June by investment firm Paradigm, conservative voters are embracing financial freedom and pro-crypto candidates.
“Republican candidates who defend crypto – such as Sam Brown, Dave McCormick and Bernie Moreno – are receiving strong support for their positions from Republican voters.
Republicans sharply disagree with the Warren-Gensler worldview of centralized control: CBDCs (central bank digital currencies), debanking, and forcing all financial transactions through big banks. In short, Republicans understand the appeal of crypto and support Congress’ action to establish clear and predictable rules.”
The poll found that 87% of Republicans who own digital assets plan to accumulate more in the coming year, while 13% of Republicans who don’t own cryptocurrencies said they would likely buy for the first time during the same period.
Additionally, the poll shows that Republicans appear to believe the Biden administration is weaponizing banking regulations, making them distrust institutions.
The data also shows that 67% of them are dissatisfied with the way the financial system works today, while 72% of them are somewhat concerned that they could lose access to financial services because of their beliefs.
The poll shows that Republicans are concerned about the lack of clear crypto regulations and want Congress to address the issue.
“60% say Congress should pass legislation that sets clear and predictable rules for cryptocurrency companies and entrepreneurs. More Republican voters believe elected representatives in Congress should take the lead (40%) over unelected appointees at government agencies (16%) in crafting crypto regulation.”
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