After visiting key battleground states, Coinbase’s Stand With Crypto initiative claims to have potentially registered up to 121,000 individuals to participate in the 2024 elections in the United States.
In a statement shared with Cointelegraph, a spokesperson for Stand With Crypto reported that around 17,500 users engaged with the platform’s voter registration tool since its launch on September 4, coinciding with a nationwide tour aimed at promoting awareness of cryptocurrency policies. They further noted that over 121,000 crypto supporters have utilized the tool since its inception in 2023.
Source:
Stand With Crypto
The organization, which champions the need for “clear, common-sense regulations for the crypto industry,” enables users to input their email addresses to verify their polling locations and registration status. However, it remains unclear how many of these users were already registered to vote or subsequently registered in their respective states.
The Stand With Crypto initiative organized a bus tour featuring rallies aimed at crypto enthusiasts across Arizona, Nevada, Michigan, Wisconsin, Pennsylvania, and Washington, DC. Recent polls indicate a tight race between Democratic nominee Kamala Harris and Republican Donald Trump, both nationally and in critical swing states, suggesting that a few tens of thousands of votes could sway the electoral outcome in the upcoming presidential election.
Source:
Joe Weisenthal
The bus tour, which wrapped up in DC on September 18, is one of the latest endeavors by industry advocates to boost voter turnout among the crypto community. Political action committees (PACs) supporting cryptocurrency have invested millions in media campaigns to back pro-crypto congressional candidates and challenge those who oppose crypto in the 2024 election cycle.
### Crypto as a Political Issue
It is uncertain how many of the approximately 240 million Americans eligible to vote in 2024 will base their voting decisions purely on a candidate’s stance on cryptocurrency. A 2023 Federal Reserve report indicated that as many as 18 million adult Americans might own or use cryptocurrencies.
Related:
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
Although neither Vice President Harris nor Trump addressed digital assets during their one and possibly only debate on September 10, their campaigns have taken distinct approaches to cryptocurrency. The Republican candidate has advocated for the mining of “all the remaining Bitcoin” in the US and actively engages with crypto voters while campaigning. Conversely, Harris has been relatively quiet on the topic of digital assets in her 2024 run, though a senior campaign advisor mentioned in August that she would “support policies” aimed at fostering growth in the industry.
Magazine:
Crypto voters are already disrupting the 2024 election — and it’s set to continue.