Crypto industry surveys US 2024 candidates, looking for friendly lawmakers
surveying candidates for Congress on their views around the digital asset, as the political arm of the movement gains tens of thousands more followers and adds to its war chest.
The survey from the Stand With Crypto Alliance, an advocacy group that aims to organize voters who own crypto and influence public opinion, is a way for a young industry like crypto to engage in political activity in lieu of trade organizations, said Olivia Buckley of OpenSecrets, a research group that tracks money in U.S. politics.
Ultimately candidates who answer the survey in ways the industry deems positive may see support from groups that want to boost crypto-friendly candidates.
Pro-crypto non-profits have been appearing in greater numbers over the past few years, Buckley said.
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The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details» «Crypto regulation at the federal level remains very much contested and murky, so seeing which candidates can garner support from the industry could be telling as far as what's to come in Congress,» she added.
Over a dozen candidates have already filled out the survey, including those
