According to a two-year University of Pennsylvania study covering 22,000 Americans, 41% of Republicans hold cryptocurrency, higher than 32% of Democrats. Republicans have greater trust in cryptocurrencies, especially in southeastern states like Texas, which leads the nation in adoption. The study notes that Republicans tend to support decentralized cryptocurrencies because their decentralized properties align with their preferences for limited government and personal control. In contrast, Democrats are more supportive of the traditional banking system. Since Trump was re-elected in 2024, the proportion of Republicans holding cryptocurrencies has increased significantly, and the Republican Party also plans to propose a comprehensive crypto market regulation bill in the next 100 days to clarify the regulatory framework for the U.S. digital asset industry. (Cryptonews)