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I recently came across a poll about the 2026 election results, which is quite worth paying attention to. According to a survey commissioned by CoinDesk and conducted by a public opinion strategy firm, as many as 62% of American voters do not trust the Trump administration's regulation of the cryptocurrency industry, which is quite a shocking figure.
Thinking back to when Trump took office and promised to make the U.S. the capital of crypto, the crypto community was very excited, with Bitcoin soaring past $69,000, and last year hitting a historic high of $120k. But what is the reality? In just over a year, public trust has dropped so low.
Even more frustrating is that 45% of respondents are aware that the Trump family has personal interests in the crypto industry, including holdings related to global free finance. The poll shows that 73% oppose high-level officials having business dealings in this industry, and even among Republican voters, 59% find it unacceptable. Such questions about conflicts of interest will definitely influence policy-making in the 2026 election.
Another interesting phenomenon is that the public's primary concern is not cryptocurrency at all. The survey shows only 1% of respondents list crypto as their top issue, with the most concern focused on cost of living (36%), employment and the economy (13%), and social security and healthcare (11%). Cryptocurrency ranks extremely low in voters' priorities.
Moreover, in terms of attitudes, 41% of Republican-leaning voters have a favorable view of crypto, but 39% are opposed; among Democratic-leaning voters, the opposition is even higher at 54%. Interestingly, although 47% believe Republicans are more supportive of crypto, trust levels for both parties are below 30%, with 40% outright saying they distrust both.
From a financial trust perspective, traditional banking still leads. 65% of respondents trust banks, but only 5% trust cryptocurrencies. Although 52% believe the crypto wave will not fade, 60% are worried it could negatively impact the economy, and 53% say recent news has worsened their impression of the industry.
This survey of 1,000 registered voters also shows that satisfaction with the Trump administration's policies is only 40%, and some supporters' attitudes have already shifted. The group aged 45 and above is most likely to hold negative views on crypto.
Honestly, the crypto industry has invested hundreds of millions of dollars in Washington for political donations and lobbying, hoping to push favorable regulatory bills during the 2026 election. But according to the polls, the acceptance and trust of the American public remain low. Voters rely far more on traditional banks than on crypto, and they are highly skeptical of conflicts of interest in the Trump administration's regulatory approach. To truly mainstream crypto and exert meaningful influence on the 2026 election and subsequent policies, the industry must first address this massive trust deficit. The road ahead is still long.