Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off

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Massachusetts Sen. Elizabeth Warren calls her “anti-cryptocurrency” despite polls suggesting a majority of Americans see cryptocurrencies as a key innovation of the future. Make the agenda one of the highlights of your re-election campaign.

In a tweet on March 30, Warren suggested he was fighting to “put government on the side of working families,” prominently posting Politico’s headline “Elizabeth Warren is building an anti-crypto army.” quoted in

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“Cryptocurrency advocates” took to Twitter to denounce the senator.Popular YouTuber Coin Bureau ridiculed “Imagine you could get votes by building an ‘anti-crypto army’.” Crypto Advocate Sir TJ was suggested Its stance is to push innovation overseas.

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The senator definitely has access to her own private polls on the issue, but recent industry-commissioned polls suggest this stance won’t be a win-win among the majority of the population. increase.

February 24th investigation In a survey commissioned by cryptocurrency exchange Coinbase, a whopping 76% of a representative sample believed that “cryptocurrencies and blockchain are the future.”

A survey commissioned by digital asset management firm Grayscale Investments in November 2022 echoed a similar sentiment, with some interesting answers. suggest 59% of Democrats believe cryptocurrencies are the future of finance. That’s more than 51% of Republicans who said the same thing.

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Democrats vs. Republicans on Crypto as the Future of Finance. Source: Grayscale

But in Warren’s favor, the 2022 crises such as the collapse of BlockFi, FTX and Terra Luna weigh heavily on public sentiment towards cryptocurrencies. plummeted throughout the year.

The phrase “Elizabeth Warren is building an anti-crypto army” was first featured in Politico on Feb. 14 articleclaimed that she “has begun recruiting conservative Senate Republicans to her anti-crypto cause and is getting early positive vibes from bank lobbyists.”

Related: Elizabeth Warren is pressing Senate to ban cryptocurrency wallets

Senators seem to have liked the phrase, considering it featured prominently in their re-election campaigns.

Warren has long been a vocal critic of cryptocurrencies, even suggesting that cryptocurrencies would ruin the economy in a Wall Street Journal op-ed shortly after the collapse of the FTX cryptocurrency exchange.

On February 14th, Warren vowed to reintroduce the anti-money laundering (AML) bill he had previously pushed. The bill extends to decentralized finance (DeFi) and decentralized autonomous organizations (DAOs), non-hosted wallets, miners, and validators to implement AML policies.

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