Survey Finds Majority Distrusts Donald Trump on Crypto Oversight Despite Pro-Industry Push

Public Opinion Strategies, a survey commissioned by CoinDesk, found 62% of registered US voters do not trust President Donald Trump’s administration to oversee the crypto industry, exposing a political gap between Washington’s pro-industry push and public confidence before the 2026 midterms.

The survey of 1,000 registered voters was conducted online in late April and carried a credibility interval of about 3.5 percentage points. 

Respondents were evenly split between people who supported Trump and Democrat Kamala Harris in the 2024 presidential election. That makes the distrust figure more striking than a routine partisan split.

The poll also put Trump’s overall approval at a stark 40% and 60% disapproving. This, despite his administration having (or at least showing signs) of backing digital-asset market-structure legislation, and even appointing “crypto-friendly” regulators.

Related: WLFI Token Unlock Plan Nears Approval as Whales Dominate Vote 

Conflict Concerns Rise

The survey found 73% of respondents oppose senior government officials having personal business dealings in the crypto industry, while 59% of Republican voters also opposed those relationships.

Moreover, 45% of respondents knew Trump and his family had built profitable crypto-related business interests, while only 17% knew Trump and his sons backed the launch of World Liberty Financial.

A World Liberty Financial spokesman defended the administration’s direction, stating: “The president has continually delivered on his promise to ensure that one of the most important technological breakthroughs of the century develops and thrives in America.”

Crypto Remains Low Priority

Well, with everything that’s going on in the world, only 1% of respondents ranked crypto as their top midterm issue, compared with 36% for cost of living, 13% for jobs and the economy, and 11% for Social Security and Medicare.

The same data showed crypto with 30% favorability, below Republicans at 39% and Democrats at 43%. Asked which party they trusted more on crypto, 40% chose neither, while 27% picked Democrats and 25% picked Republicans.

Separate Public First polling for Politico, conducted among 2,035 US adults, found 45% of Americans said investing in crypto is not worth the risk. Nearly half of respondents also trusted a traditional bank more than a crypto platform.

Read more: What Every Crypto Trader Needs to Think About Before EOFY