Trump Is Making Bank on Crypto: Do Voters Care?

While the legislation on digital property is racing through Congress and at the table of President Donald Trump for the signature, the president’s personal, lucrative crypto jobs have increasingly fires.

Democrats launched protests against “Trump’s Crypto Corruption” in both House and SenateSetting up enough stench to keep the leaders of policy in the industry to conclude that their account for the desired cryptocurrency structure of the law is now convicted.

However, a new poll on Monday from a non-profit organization of Pro-Crypto is trying to dispel the narrative that the president’s digital assets have caused a major obstacle to the industry to the legislative program.

The poll, conducted between June 16 and June 18, on behalf of the Cedar Innovation Foundation-organization for the lobbying of a pro-CCTO that does not reveal its support-it said that most voters in the entire country were not aware of Trump’s personal cryptocurrency.

About 60% of the survey respondents did not “read, read or hear” recently “about the president” earned millions of dollars “from his family cryptocurrency company, World Liberty Financial. Another 40% They were He is aware, according to a survey, conducted by Global Strategy Group on behalf of Cedar -Ai surveyed 1,000 voters.

By the way, 57% of respondents recently saw, read or heard “nothing or not so much” about Trump’s Solana Meme coins, while 43% had recently seen, read or heard “much or something” on the subject.

Cedar trusted the results of the survey on Monday as proof that “Recent attempts to make [Trump’s] The interest in this question did not break through the American public. “

“The results show that DEM attacks are not breaking through,” Cedar’s spokesman said Decipher.

But the second recent poll is a dispute that conclusion. Progress data poll Of the 1,155 voters throughout the country, conducted in about the same period, from June 6 to June 8, it found that the solid majority of all voters – 62% – became Congress to insert provisions in the cryptocurrency legislation to “prevent the president of Trump and his family to personally use the crypts.”

Particular affiliation demolished, this figure was 42% among Republicans, 66% among independent and 80% among democrats.

Said a democratic home staff Decipher In order for Cedar’s new survey to be taken “with skepticism and grain of salt” and characterized the organization as a “dark money group with huge crypto connections.”

The Cedar’s poll seems to have not asked the voters if such a provision should be involved in the cryptocurrency. However, this surveyed them whether Trump would be involved in cryptocurrencies, regardless of whether “there should be a clearer rules and regulations for the industry.”

Interestingly, 79% of Democrats said “yes” when asked as a phrase – such as only 36% of Republican respondents.

Although Trump has been going to cryptocurrencies since 2022, his family’s involvement in the sector has accelerated sharply since the beginning of his second term.

For example, a decentralized financial platform of the Ethereum decentralized financial platform, the World Liberty Financial, sold $ 550 million in gender WLFI Token earlier this year – establishing an estimate $ 390 million for the president and his associates.

Trump’s official Solana Meme coin, TRUMPincreased to a fully diluted estimate of more than $ 70 billion shortly after starting in January, although it has since dropped to about $ 8.6 billion. The president and his partners have 80% of all Trump tokens, which will be unlocked in the next three years.

At the end of last month, when asked Decipher Will consider withdrawing from its numerous crypto ventures if he did so would help the adoption of the crypto of legislation, President Trump rejectedrefusing to commit to deviation. He further claimed that if he were not his help, the industry would go to China.

The first large part of the legislation that is ready to pass the Congress is the ingenious law that would establish a framework for issuing and trading stable trees in the United States. The proposal of the law adopted a Senate last monthand ready to go through the home vote next week.

They do not contain any provisions that limit the president and his family to betray or profit their own stabblecoin. Trumps and their business partners in the world have launched such a product, USD1in March. USD1 is currently the eighth largest stabblecoin in the world, according to Co ringeckowith market capitalization of $ 2.2 billion.