A new YouGov survey suggests that upcoming federal election in Australia could see cryptocurrency investors playing a decisive role at the polls. The survey, commissioned by crypto exchange Swyftx, found that 59% of current crypto investors would favor candidates who support digital assets and blockchain regulation. Crypto: A Key Voting Bloc in Australia With approximately four million Australians—or 22% of the adult population—having invested in cryptocurrency, this could translate into a pro-crypto voting bloc of around two million people. According to Swyftx CEO Jason Titman, this is the first time a crypto-focused electorate could be large enough to influence national political outcomes . “For the first time in our political history, we’re about to enter a federal election with a crypto-voting bloc that’s big enough and motivated enough to swing the result,” Titman said in an interview . The election must be held on or before May 17, and current polls indicate a close race between the center-right Coalition, led by Peter Dutton, and the incumbent center-left Labor Party, led by Prime Minister Anthony Albanese. With the Coalition currently projected to win 73 seats—just three short of the required 76-seat majority—crypto voters could play a pivotal role in determining the final outcome. Push for a Change While enthusiasm for pro-crypto candidates is high among younger investors, the survey revealed divided opinions among older Australians. Around 18% of surveyed voters over 50 said they would be less likely to vote for a politician supporting crypto, highlighting the generational gap in perceptions of digital assets. Titman acknowledged this challenge, emphasizing that the industry must do more to educate the public: “I fully accept our sector needs to do a better job of spelling out the productivity and investment benefits of crypto technology to non-crypto users. It’s on us to make the benefits of blockchain technology clear to all segments of the population, including older voters.” Australia’s crypto industry has long pushed for regulatory clarity , arguing that the country risks falling behind global competitors. “The rest of the world is getting on with introducing properly tailored legislation, and Australia has sat on the sidelines,” Titman remarked. The survey also noted that crypto investors tend to be younger, more affluent, and concentrated in major cities and their suburbs—key battlegrounds for political parties. This demographic shift suggests that crypto could become an election issue as candidates look to capture votes from a tech-savvy, investment-focused electorate. The post Crypto Voters in Australia Could Sway Federal Election, Survey Reveals appeared first on TheCoinrise.com .