Kevin Helms
A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of economics and cryptography.
Majority of Voters Want More Crypto Regulation – See Digital Assets as Long-Term Part of Economy, Survey – Regulation Bitcoin News
A new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows that voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” the Crypto Council for Innovation said.
Voters want more cryptocurrency regulation
The Crypto Council for Innovation, a crypto advocacy group, announced the results of a national survey Wednesday that shows “crypto users are poised to make an impact in tight midterm races across the country.” About 1,200 likely voters participated in the survey, which was conducted online Oct. 8-10 by a two-part team led by Sean McElwee of Pioneer Polling and BJ Martino of The Tarrance Group.
Cory Gardner, former US Senator and Crypto Council’s Chief Political Affairs Strategist, commented:
Our national survey shows that voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future.
“Importantly, they reiterate what the industry has been calling for: regulation that provides clear rules of the road to protect consumers and realize the technology’s full potential,” he added.
According to the results of the survey, 13% of respondents said they have cryptocurrency. Additionally, 45% of polled voters “want lawmakers to treat crypto as a serious and valid part of the economy.” The council further described:
A majority (52%) believe that crypto needs more regulation than what exists today.
Respondents also believe that crypto is here to stay. “Crypto is not going away – it is already in the investment mix,” Gardner stressed. “Compared to other financial holdings, 16% of respondents said they hold stocks, 13% hold crypto, 12% own mutual funds and 5% hold bonds.”
The survey results also show that “Over 40% believe crypto has untapped potential and 33% believe it represents an important financial innovation.”
Gardner concluded, “By working together, it is possible for the United States to build multiple pathways to spur meaningful economic growth, and ensure a digital future where crypto’s full potential is realized through careful conversation and smart policy.”
Do you think crypto needs more regulation? Let us know in the comments section below.
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