Impact of California Crypto Holders on 2024 Elections

Impact of California Crypto Holders on 2024 Elections

Crypto Power: California Holders Set to Shape 2024 Vote

A new study by Coinbase reveals that California’s crypto voters will play a significant role in the upcoming election. With a high number of crypto users in the state, pro-crypto candidates could see a boost in the polls.

California Crypto Owners Support Pro-Crypto Candidates

According to statistics from Morning Consult, around 8.2 million individuals, or 27% of Californians, own cryptocurrencies. The study shows that these crypto owners overwhelmingly support candidates who hold pro-crypto and blockchain positions. They believe that supporting the U.S. crypto industry is essential for job creation and U.S. geopolitical strength.

Support for Cryptocurrency Policies in the U.S.

Stay ahead in the crypto world with our newsletter!

Subscribe now for the latest updates, insights, and trends in the cryptocurrency market.

Around 78% of American cryptocurrency owners believe that lawmakers should support innovative technologies. Many would vote for politicians who have pro-cryptocurrency policies. In the 2024 elections, a majority of Gen Z and millennial voters are likely to support candidates friendly to cryptocurrencies. Potential presidential candidates, Joe Biden and Donald Trump, have both shown interest in digital assets.

Demand for Clearer Policies

California’s pro-cryptocurrency voters reflect a larger desire for clearer regulations on digital assets. Coinbase emphasizes the need for predictable rules rather than an unpredictable regulation-by-enforcement approach. As the cryptocurrency market expands and integrates into the financial system, there is a growing need for better policies in the U.S.


Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

This information is not financial advice but is provided for educational and informational purposes only. Any investment decisions should be made based on your own risk tolerance and due diligence. Bitcoin and other cryptocurrencies are high-risk investments.

Author – Contributor at | Website

Althea Burnett stands as a luminary seamlessly blending the roles of crypto analyst, relentless researcher, and editorial virtuoso into an intricate tapestry of insight. Amidst the dynamic realm of digital currencies, Althea’s insights resonate like finely tuned notes, reaching minds across diverse horizons. Her ability to decipher intricate threads of crypto intricacies harmonizes seamlessly with her editorial finesse, transforming complexity into an eloquent symphony of understanding.

Subscribe to our Social Media for Exclusive Crypto News and Insights 24/7!

Email me the hottest Crypto news!

You may also like

Share via
Share via