New Industry Poll Shows More Crypto Regulations Demand
October 27, 2022 By Omal J
(Image Credit Google)
According to a national survey commissioned by the Crypto Council for Innovation, an industry group supported by Coinbase, Paradigm, Fidelity Digital Assets, and Block, 52% of respondents wanted more regulation in the space. Only 7% said they would prefer less regulation.
According to CCI, a bipartisan polling team surveyed 1,200 likely voters online from Oct. 8 to 10.
According to the findings, voters would support new action to create safeguards around cryptocurrencies, which, like many new technologies, have experienced growing pains navigating dated systems while attempting to introduce a new playbook.
According to the survey, crypto issues may be particularly appealing to key demographics such as young voters and Black and Latino voters. Thirty percent of Black voters polled said they would be more likely to support a crypto-friendly candidate, while 38% of Latino voters said the same.
However, voters are divided about which party they trust to implement such safeguards, with 41% believing Democrats are generally better on crypto and 42% believing Republicans.
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This poll found that a majority of voters want more regulation of cryptocurrencies, but they are divided on which party should enact such changes.
By Omal J
I worked for both print and electronic media as a feature journalist. Writing, traveling, and DIY sum up her life.