#Republicans are more likely to own cryptocurrency.#

A two-year study of 22,000 Americans found that Republicans hold cryptocurrency at a significantly higher rate than Democrats, at 41% and 32%, respectively. The study found that Republicans have a higher level of trust in cryptocurrency, particularly in southeastern states like Texas, where adoption rates lead the nation. Republicans tend to favor decentralized cryptocurrencies because their decentralized nature aligns with their preference for limited government and individual control. In contrast, Democrats are more supportive of the traditional banking system. The study also noted that the percentage of Republicans holding cryptocurrency has risen significantly since Trump's re-election in 2024, and Republicans plan to introduce a comprehensive cryptocurrency market regulatory bill within the next 100 days to clarify the regulatory framework for the US digital asset industry.