As the U.S. midterm elections near, the emphasis on crypto voters and candidates is growing. Surprisingly, many are in favor of better regulations.
According to a recent industry survey by the Crypto Council for Innovation, more than half of the respondents called for more regulations. The survey was conducted from Oct. 8 to 10.
52% of the 1,200 voters polled in the U.S. said better regulations would benefit the industry. Only 7% said they would like to see less regulation.
“The results of a nationwide survey show crypto users are poised to have an impact in close races across the country,” it stated.
The CCI is an industry group backed by companies including Coinbase, Paradigm, and Fidelity Digital Assets.