A recent poll commissioned by CoinDesk indicates that a majority of U.S. voters, specifically 62%, lack confidence in President Donald Trump’s administration to oversee the cryptocurrency industry effectively. This skepticism persists despite previous administrations’ heavy-handed approach and Trump’s pledge to establish the U.S. as the “crypto capital of the world.” His administration has made strides toward favorable crypto regulation by appointing a prominent crypto czar, issuing executive orders for an industry agenda, selecting supportive regulators, and advancing legislation like the Digital Asset Market Clarity Act.
Despite these efforts, Trump’s political approval rating among voters is declining, currently at 40%, potentially affecting perceptions of his administration’s capability in managing cryptocurrency regulation. The survey, conducted by Public Opinion Strategies with a sample size of 1,000 registered voters and featuring a credibility interval of approximately 3.5%, indicates that almost half (45%) are aware Trump and his family have significant investments in the crypto sector, including ownership stakes in World Liberty Financial.
Public opposition stands at 73% against senior officials having personal business interests in the industry, with even a majority of Republican voters—59%—disagreeing with such conflicts. However, only 17% recognize Trump’s specific financial ties to World Liberty Financial, which has been scrutinized for potential conflicts and controversies.
The poll, balanced between supporters of both Trump and Democrat Kamala Harris from the last presidential election, suggests a shift in sentiment among some of Trump’s voters since 2024. Although the White House did not comment, a spokesperson for World Liberty praised Trump’s commitment to making America a crypto leader, asserting that he has consistently worked towards fostering technological advancements.
The survey also explored public perceptions and political intentions regarding cryptocurrency, revealing persistent distrust or uncertainty about its role in the economy. The industry aims for comprehensive U.S. regulation through the Digital Asset Market Clarity Act, which has passed the House but faces challenges in the Senate due to Democratic calls for banning personal crypto investments by senior officials.
Last weekend, Trump addressed top investors at a $TRUMP memecoin event, reiterating America’s leadership in crypto and its mainstream status. However, according to CoinDesk’s findings, cryptocurrency remains peripheral for most people, who remain wary of trusting Trump as an industry overseer. The survey results will be presented at Consensus Miami on Tuesday.