Crypto owners are evenly split between Vice President Kamala Harris and former President Donald Trump ahead of the 2024 election. This survey comes after both candidates have relaxed their positions on the crypto industry as a viable financial enterprise.
The survey, released Monday as part of Coinbase’s Q3 State of Crypto report, found that 47% of cryptocurrency owners plan to vote for Harris, while another 47% support Trump.
Both candidates are vying for the votes of cryptocurrency owners, a group seen as crucial in a tight election.
The U.S. has 52 million adults who own cryptocurrency, including 6.5 million living in key swing states such as Arizona, Georgia and Pennsylvania.
Of those surveyed, 95% of crypto owners said they plan to vote in November. Additionally, 75% believe policymakers should ensure the U.S. remains a leader in digital assets.
Trump, who once dismissed cryptocurrency as a “scam,” has now embraced the industry.
He recently promised to make the U.S. the “crypto capital of the planet” if reelected and launched a crypto project with his sons earlier this month.
Harris has taken a more cautious approach, stating her support for innovative technologies like AI and digital assets, while emphasizing the need to protect consumers and investors.
Her position differs from that of the Biden administration, which has had a tense relationship with the crypto industry due in part to the enforcement approach of SEC Chair Gary Gensler.
The crypto industry has spent over $100 million on the 2024 election thus far, a multitude higher than any past political events. As digital currencies become more mainstream, crypto policy will demand more attention from Washington.
