Trump makes couch on crypto: do the voters surrender?

While the legislation on digital assets by the Racet congress and to President Donald Trump’s office for signature, the personal, lucrative crypto transactions of the president have increasingly come under fire.

Democrats have launched protests against “Trump’s crypto corruption” in both House And SenateThe preparation of sufficient odor to lead leaders in the industry to conclude that their coveted market crypto structure is now doomed.

But a new poll on Monday from a Pro-Crypto non-profit tries to dispel the story that the digital asset-capricts of the president have caused a major obstacle to the legislative agenda of the industry.

The poll, conducted between June 16 and June 18 on behalf of the Cedar Innovation Foundation-a pro-Crypto-lobby organization that does not announce its supporters that a slender majority of national voters was not aware of Trump’s personal crypto companies.

About 60% of the survey respondents had not “recently seen, read or heard” about how the president “earned millions of dollars” from the crypto company of his family, World Liberty Financial. Another 40% were Consciously according to the poll, which was carried out by the Global Strategy Group on behalf of Cedar and investigated 1,000 voters.

Elsewhere, 57% of the respondents had recently seen or heard ‘nothing or not so much’ about Trump’s Solana Meme Coin, while 43% recently saw, read or heard ‘Much or so’ on this subject.

Cedar trumpeted the results of the Monday survey as proof that ““Recent attempts to make [Trump’s] Interest in the issue that is striking is not broken with the American public. “

“The results show that the DEM attacks do not break through,” a spokesperson for Cedar told Decrypt.

But other recent survey conclusion that conclusion. A Vooruitgang data survey Of the 1,155 national voters that were performed in about the same period, from June 6 to June 8, it discovered that a solid majority of all voters – 62% – should insert the congress in Crypto legislation to prevent “President Trump and his family from benefit from Cryptocurrency personally.”

Broken out by party relationship, that figure was 42% among the Republicans, 66% among independent and 80% among Democrats.

A house democratic employee told Decrypt That the new poll of Cedar must be taken “with skepticism and a grain of salt”, and the organization characterized as a “dark gelding group with huge crypto tires”.

Cedar’s investigation does not seem to have asked voters whether such a provision should be included in the crypto legislation. However, it did politated as Trump, whatever is involved in crypto, whatever happens, or “there must be clearer rules and regulations for industry.”

Interesting is that 79% of the Democrats said “yes” to the question as formulated – just like only 36% of Republican respondents.

Although Trump has been brought into crypto since 2022, the involvement of his family in the sector has been greatly accelerated since the start of his second term.

The Ethereum -Decentralized financial platform of the Trump family, World Liberty Financial, for example, sold for example $ 550 million to its indigenous WLFI token earlier this year -with an estimated payment day of $ 390 million for the president and his employees.

Trump’s official Solana Meme Coin, Trump, rose to a completely diluted appreciation of more than $ 70 billion shortly after the launch in January, although it has since fallen to around $ 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 by Decrypt Or he would consider pulling himself away from his many crypto companies if this would help with the approval of the crypto legislation, President Trump deflatedrefuse to bind to a disinvestment. He further argued that if he is not for his help, the industry would have gone to China.

The first large piece of Crypto legislation that is ready to accept the congress is the Genius Act, which would establish a framework for publishing and trading stabilecoins in the United States. The bill has been adopted to the Senate last monthand will undergo a mood in the house next week.

It contains no provisions that limits the president and his family to spend or take advantage of their own Stablecoin. The Trumps and their World Liberty Business Partners have launched such a product, USD1In March. USD1 is currently the eighth largest stabilecoin in the world, according to CoenteckoWith a market capitalization of $ 2.2 billion.