A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank digital currencies (CBDCs). Political candidates defending crypto, such as Sam Brown, Dave McCormick, and Bernie Moreno, enjoy significant GOP (Republican Party) support. Notably, 28% of Republicans own or have bought crypto, surpassing the national average. Younger and non-white Republicans are key demographics, with 41% of non-white and 45% of those under 40 owning crypto. Many hold substantial amounts, with 58% owning over $1,000.
Crypto Support Surges Among GOP Voters, Poll Finds
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Distrust in financial institutions is high, with 67% dissatisfied and 72% concerned about losing access to financial services. Privacy is crucial, with 94% opposing Internal Revenue Service (IRS) oversight and CBDCs. Republicans prefer Congress to establish clear crypto regulations, with 60% advocating for legislative action. Former President and current presidential candidate Donald Trump’s pro-crypto stance boosts his appeal, making 13% of “Never Trump” Republicans more likely to vote for him. Overall, Republicans view crypto positively, supporting private-sector innovation.
