18% of Democrats Have Bought Bitcoin, More to Follow: New Poll
A poll conducted by Paradigm Policy Lab revealed a growing affinity for cryptocurrency among Democratic voters, potentially reshaping the landscape of the upcoming presidential election.
The survey, conducted between July 25 and August 1, 2024, polled 804 registered Democratic voters and highlights the increasing political relevance of crypto.
The timing of the Paradigm Lab’s poll is particularly significant as Vice President Kamala Harris emerges as the Democratic nominee following President Joe Biden’s decision not to seek re-election.
Notably, the survey found that 18% of all Democratic voters have already invested in cryptocurrency.
Happy Monday. To kick off the week before the DNC, we’ve got new polling of Democratic voters for you on crypto and general politics. This data is all from the days immediately following Pres. Joe Biden’s decision to withdraw from the race. pic.twitter.com/nSNATE2Dkf
This figure rises significantly among Democrats of color, with 22% of Black Democrats, 25% of Hispanic Democrats, and 27% of Asian American and Pacific Islander Democrats reporting crypto investments.
In an exclusive conversation with Crypto News, Paradigm’s Vice President of Regulatory Affairs, Justin Slaughter said the recent study unequivocally indicates that voters will persistently back candidates who champion clear and comprehensive regulatory frameworks.
“Overall, our poll found that crypto ownership is on the rise across the electorate. Republican and Democratic voters alike benefit from informed crypto regulation that supports financial privacy. It’s clear that crypto owners will continue to care about this issue and vote in favor of those who support clear guidance,” Slaughter explained.
This sentiment is echoed in the
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