70% of US Voters: "Virtual Asset Law Should Have Already Passed"... The Power of the CLARITY Act to Sway Voter Sentiment

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Seven out of 10 US voters strongly desire the introduction of clear virtual asset regulations, and in particular, there is a growing call for the urgent establishment of an immediate legal framework, even if it is somewhat incomplete, rather than waiting for a perfect bill.

According to crypto media outlet Bitcoinist on May 8 (local time), a national survey conducted by polling firm HarrisX targeting 2,008 registered voters revealed that voters, transcending party lines, desire clear federal rules for digital finance and the securing of US global leadership. The survey results showed that 70% of voters responded that the US should have already passed clear virtual asset-related legislation, and 62% emphasized that it is important for the US to set global rules for digital finance.

Voters showed a tendency to prefer concrete action rather than waiting for a perfect solution. 60% of respondents said that it would be better to enact clear federal legislation, even if the bill has shortcomings. Additionally, 57% of voters expressed the opinion that it is more desirable to pass a bill now and then supplement it over time, rather than waiting for a perfect bill. This aligns with the 56% of responses stating that the US should take the lead in the virtual asset market through clear regulations, while acknowledging the potential risks involved.

Awareness of the US cryptocurrency market structure bill, the CLARITY Act, itself is still low. 64% of voters responded that they had never heard of the bill, and only 14% said they were well aware of its contents. However, regardless of the specific name of the bill, voter support for the need for regulation was high across all political parties. It recorded a net approval rating of 48% among Republican supporters, 43% among Democrats, and also gained 32% support among independent voters.

In particular, opposition among independent voters was extremely low, at around 10%, and 47% of respondents were undecided moderates, indicating a high potential for persuasion as the bill progresses. This public opinion is expected to influence the future direction of the political sphere. The survey results showed that 44% of Republicans were more likely to support senators who back the US cryptocurrency market structure bill, the CLARITY Act, while 37% of Democrats and 31% of independent voters also showed a positive response.

In conclusion, this survey shows that virtual asset regulation has emerged as a key political issue that can move voters' sentiment, beyond a mere technical issue. Voters strongly hope that the US, to avoid losing its leadership in the digital financial market, will resolve uncertainty through priority legislation, even if the bill is incomplete.

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