- A new poll shows that 52% of Americans are in support of the CLARITY Act, with another 70% saying crypto regulations are long overdue.
- However, crypto executives say that the industry has a short window, as there is no telling what Congress will look like after the November midterms.
Three in four Americans say that the U.S should have passed a comprehensive crypto framework by now, with over half expressing support for the upcoming CLARITY Act, a new survey has found. However, industry leaders say that the window for positive regulations is short, with the crypto industry set to face its biggest test in this year’s midterms.
The national poll was conducted by HarrisX, a Washington-based global market research firm. It found that 52% of Americans support the CLARITY Act. Support is slightly stronger among the Democrats, but the bill is receiving bipartisan support. Only 11% of the respondents said they oppose the Act.
NEW: HarrisX national survey finds strong bipartisan support for American leadership in digital finance — and majority support for passing the CLARITY Act.
Our latest study of 2,008 registered voters shows Americans want clear federal rules for crypto and digital assets. 👇… pic.twitter.com/qsEMHVQ06a
— HarrisX (@HarrisXdata) May 7, 2026
Supporting the CLARITY Act is turning out to be one of the decisive factors in this year’s midterms. According to HarrisX, legislators who support the bill will gain up to 20% more votes from their constituents, with 37% of respondents saying they are more likely to vote for supporters, while 17% said they are less likely.
Nearly half the respondents (47%) said they would even consider voting for a candidate of the opposing party who supports the Act.
The CLARITY Act is just the starting step towards the U.S setting the pace in digital finance, many of the respondents say. 56% said that digital payments built and controlled outside the US weaken the country’s national security. As such, 62% said it’s important that the U.S. sets global rules for digital finance.
Tether: November Midterms Could Have ‘Seismic Impact’ on Crypto
As the poll shows, there’s overwhelming support for crypto in the U.S currently. However, according to crypto leaders speaking at an event this week, this will not last forever and could change drastically after the upcoming midterms.
One of the leaders warning about this potential shift is Jesse Spiro, the head of government affairs at Tether, the largest stablecoin issuer. Speaking at Consensus, Spiro said the midterms could have a ‘seismic impact’ on crypto.
He stated:
“Crypto should not be partisan. Best case is that we have members that are supportive of the industry, supportive of the ecosystem, supportive of good policy.”
Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry
Head of Government Affairs Jesse Spiro said the crypto industry sees the 2026 U.S. midterm elections as a critical test for whether Washington’s recent embrace of digital assets will endure.… pic.twitter.com/7Npy1Gm28X
— Polyfund (@polyfundX) May 7, 2026
Spiro is at the heart of the crypto industry’s efforts to push for pro-crypto legislators in Congress. Two months ago, he was appointed as the chairman of The Fellowship PAC, a pro-crypto Super PAC that funds candidates who are friendly to the industry.
Some reports say that the crypto sector raised about $200 million in the last election cycle. Fairshake, a super PAC led by Coinbase and Ripple, has raised over $260 million for pro-crypto candidates over the past four years.
Collin McLaren, Solana’s head of government relations, supported the call for crypto to become more politically involved. While what the industry achieved in the last election cycle was impressive, it must not relent, as things can change quickly. He stated:
“You can make the down payment on a house, but you’ve got to keep paying the mortgage.”
Other leaders have fired similar warnings. Wyoming Senator Cynthia Lummis said that if crypto does not get the CLARITY Act in the next two or three months, it might have to wait until 2030, as other issues will take priority, as ETHNews reported. However, President Trump’s senior crypto advisor says the government is targeting a July 4 deadline.
