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Seven in ten U.S. voters view crypto as a system for insiders, criminals, and scammers, survey finds

WASHINGTON, July 17. Seven in ten American voters say cryptocurrency benefits insiders, criminals, and scammers rather than ordinary people, a national survey released today by Crypto Watchdog found.

By Julian Merrick2 min readHOOD
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Key takeaways

  • A national survey released July 17, 2026 by Crypto Watchdog found that seven in ten American voters say cryptocurrency benefits insiders, criminals, and scammers rather than ordinary people.
  • Respondents named three primary beneficiaries of the current crypto system: insiders, criminals, and scammers.
  • The survey indicates that years of industry messaging promising broad financial access for everyday Americans have not shifted public perception.
  • Crypto Watchdog distributed the survey results through PRNewswire on Thursday from Washington.
  • The results place public opinion against the democratization argument that cryptocurrency advocates have pressed.

WASHINGTON, July 17. Seven in ten American voters say cryptocurrency benefits insiders, criminals, and scammers rather than ordinary people, a national survey released today by Crypto Watchdog found.

Public skepticism outlasts years of promises

Crypto Watchdog distributed the results through PRNewswire on Thursday. For years, the cryptocurrency industry has promised its products would open new financial doors for everyday Americans. Years of that messaging have not shifted public perception, the survey finds.

The organization describes its poll as a national survey of American voters. Its headline number: seven in ten respondents said cryptocurrency benefits the few.

Who voters say wins

The survey identifies three groups respondents named as the primary beneficiaries of the current crypto system: insiders, criminals, and scammers. That result places public opinion against the democratization argument cryptocurrency advocates have pressed. Crypto Watchdog released the survey July 17, 2026, in Washington.

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Frequently asked

What did the Crypto Watchdog survey find about how voters view cryptocurrency?

It found that seven in ten American voters believe cryptocurrency benefits insiders, criminals, and scammers rather than ordinary people.

Who conducted and released the survey?

Crypto Watchdog conducted the national survey of American voters and released it on July 17, 2026, in Washington.

Which groups did voters identify as the main beneficiaries of crypto?

Voters identified three groups as the primary beneficiaries: insiders, criminals, and scammers.

How was the survey distributed?

Crypto Watchdog distributed the results through PRNewswire on Thursday.

Has the crypto industry's messaging changed public opinion according to the survey?

No, the survey finds that years of industry promises to open new financial doors for everyday Americans have not shifted public perception.