Crypto now a political issue for 80% of young UK voters

Cryptocurrency is an increasingly influential political issue for 80% of young voters in the United Kingdom, according to a new report from Coinbase and JL Partners, Cointelegraph reported. The survey, which targeted individuals aged 16 to 25, found that crypto is becoming a benchmark for gauging trust in political parties. According to the report, 26% of respondents said they are more likely to support a party that proposes innovative crypto policies, while 43% indicated they would have more trust in a party that embraces new technologies like crypto. Tom Duff Gordon, Coinbase's VP of International Policy, noted that with the UK government pushing to lower the voting age to 16, approximately 1.3 million new voters could enter the electorate. He suggested this will elevate cryptocurrency as a key topic on major party agendas. Gordon pointed out that this trend contrasts with the government's recent decision to ban political donations in cryptocurrency. The UK government previously announced an immediate halt to such donations, citing the risk of untraceable foreign funds and a lack of transparency.