A poll of 800 digital asset investors found that more than half consider a political candidate’s stance on crypto important in their voting decisions.
While the investor base leaned slightly higher in Democratic registration, their voting behavior is fluid. A majority of the responders are currently planning to back Republicans on the generic congressional ballot.
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Crypto Vote Tilts GOP
Politicians’ stance on crypto is gearing up to be critical to their success ahead of the upcoming US midterm elections.
A recent poll by consulting firm McLaughlin & Associates, in partnership with American advocacy group The Digital Chamber, measured the voting preferences of 800 young, demographically diverse cryptocurrency investors.
Although these voters lean slightly Democratic and identify more as liberal than conservative, a plurality are planning to vote for the Republican Party in the upcoming elections.
The poll results indicated overwhelming bipartisan support for US President Donald Trump’s decision to scale back Biden-era cryptocurrency regulations and enforcement. Consistent with this, most responders said a candidate’s crypto stance significantly influences their vote.
“Crypto voters are clearly engaged, single-issue voters despite diverse profiles and political beliefs and that can swing elections,” Cody Carbone, CEO of The Digital Chamber, told BeInCrypto. “With so many issues that will require Congressional action when the government reopens, a clear economic win is to support crypto legislation that offers clarity and confidence for innovators and investors.”
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The results of this poll are specific to cryptocurrency investors and should not be used to generalize the voting behaviors of the overall American public across party lines. Nonetheless, the results show how increasingly important digital assets policy is for political success.
A Growing Voter Block
According to a July Gallup poll, 14% of US adults currently own cryptocurrencies, with another 4% reporting that they will likely buy them in the near future.
An additional 17% admitted they were intrigued by the investment but are not planning to buy it anytime soon.
From one perspective, the results indicate that cryptocurrency still has limited broad appeal. However, cryptocurrency adoption is growing compared to similar polls from the past. According to Gallup, Americans’ crypto ownership has increased from single digits in 2021.
This demographic is a powerful force for candidates in the 2026 midterms, not only due to its voting tendencies but also because of the significant political lobbying that has recently favored the Republican Party.
An earlier BeInCrypto investigation revealed that crypto firms are leading the Republican push. Giants like Ripple and Coinbase have already donated more than $56 million to Trump-backed political action committees (PACs).
Campaign financing trends in the current election cycle contrast sharply with those of 2024. Before the federal elections, crypto companies and individual donors spread their contributions across the Republican and Democratic parties.
