US Election Sees Crypto-Friendly Politicians Win Governor Races

Three new governors and two incumbent are ranked as very crypto-friendly, according to data compiled by the Digital Asset Trade Association, a blockchain advocacy group.

Perhaps unsurprisingly, these new governors include Jared Polis and Gavin Newsom, both have whom been vocal supporters of both cryptocurrencies and blockchain more broadly.

Mark Gordon won his election in Wyoming, already an increasingly blockchain-friendly state, while Gina Raimondo and Greg Abbott won re-election in Rhode Island and Texas, respectively.

"We are ... excited to continue our work with him and the Colorado Blockchain Council to promote sound cryptocurrency policy in the state," Agrawal said.

According to Digital Asset, he is in favor of blockchain-friendly policies to attract developers to the state, and supports creating a blockchain working group.

While maintaining less of a national profile, current Rhode Island Governor Raimondo similarly supports each of the above measures, according to DATA's research.

Perhaps more notably, she supports the idea of using a blockchain-based platform to administer public programs, such as issuing food stamps and organizing Medicaid, according to DATA. However, incoming Wyoming Governor Gordon is perhaps the most blockchain-friendly lawmaker to take the reins of a state next year.

According to DATA, he has stated that he is in support of exempting cryptocurrency-related business from state money transmitter regulations and exempting the purchase of cryptocurrencies from state sales taxes.

Gordin has taken a stance against the idea of a state license for cryptocurrency transmission - such as the New York BitLicense - and is opposed to legislation that would require data to be deleted from databases such as the General Data Protection Regulation enforced by the European Union.

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