CandleFocus

Unpacking survey findings about the ‘crypto voter’

The crypto-focused political surveys conducted by Consensys, Coinbase, and Grayscale reveal that the number of voters who own crypto is increasing, and many of them consider a candidate's crypto policies when voting. However, it's important to evaluate the methodology and sources of these surveys. Both Donald Trump and Kamala Harris have hinted at their policy intentions towards digital assets, but no formal crypto plan has been released by either candidate. Additionally, longshoremen strikes at US ports could create pressure on the supply chain and potentially lead to higher prices for consumers. Donald Trump-backed crypto project, World Liberty Financial, is only available to accredited investors in the US due to outdated regulations. The KYC process for the project includes confirming residence, linking wallets, providing identification proof, and completing a "liveness check." Job openings in the US have increased in August, indicating weakness in the labor market, which may push the Fed to consider a rate cut in November.

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