U.S. voters don't trust Trump administration to oversee crypto sector, CoinDesk poll finds
Key takeaways
- After the previous administration's heavy hand on crypto, Trump's promise to make the U.S. the "crypto capital of the world" reignited hopes in the sector.
- However, the polling trend seems to show that Trump's broader political popularity beyond crypto has steadily waned, and his approval rating among U.S. voters is sinking, with this latest polling putting it at 40%.
- This article is part of a CoinDesk series on voters' views for the 2026 midterm election.
Most voters in the U.S. aren't comfortable with President Donald Trump's hand on the wheel of crypto industry oversight, with 62% saying they don't trust his administration on that point, according to a survey commissioned by Coin Desk.
After the previous administration's heavy hand on crypto, Trump's promise to make the U.S. the "crypto capital of the world" reignited hopes in the sector. The president has deployed his White House to pave a wide road toward friendly crypto regulation. His administration named a high-profile crypto czar, issued executive orders to map out an industry agenda, named regulators who vowed to support friendly new rules and shepherded legislation to create the first major U.S. crypto law.
However, the polling trend seems to show that Trump's broader political popularity beyond crypto has steadily waned, and his approval rating among U.S. voters is sinking, with this latest polling putting it at 40%.