Senate Democrats are circulating previously unreported polling on their voters’ negative perceptions of cryptocurrency ahead of a key vote expected next week.
The poll, conducted by the firm Normington Petts and viewed by Semafor, found that voters in Democratic primaries view crypto less favorably than oil companies; Wall Street; or data centers.
It also found that 84% had an unfavorable view of candidates backed by the crypto industry. Asked for comment, Normington Petts said it surveyed 800 voters across the country — but declined to provide additional details, including who commissioned it.
Lawmakers are bracing for an initial vote on the industry’s top legislative priority, a permanent overhaul of how federal agencies oversee digital assets, as soon as next week.
But deals remain elusive on illicit finance, stablecoin yields — and, most crucially, how to restrict Trump and other elected officials’ ability to profit.