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New Jersey gubernatorial race to be crypto’s next election test

Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.

Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome.

On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by the political advocacy group Stand With Crypto. The event was held five days before New Jersey voters will go to the polls in party primaries, though reportedly more than 300,000 people have already cast their ballots. 

“I believe and the [state pension] board believes that cryptocurrency is an important part of the future of this country and the economic system of the world,” said Jersey City Mayor Steven Fulop, a Democratic candidate for governor, who was at the event. 

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