Donald Trump picks crypto-friendly JD Vance as running mate
The Ohio senator reported holding up to $250,000 worth of Bitcoin in 2022 and has supported specific pro-crypto legislation.
Prospective Republican Party presidential candidate Donald Trump has chosen Senator JD Vance to be his running mate in 2024.
In a July 15 announcement on Truth Social, Trump said the Ohio senator would join his ticket as the vice presidential Republican candidate. Vance is rated as a “strong” supporter of cryptocurrencies by Coinbase’s Stand With Crypto initiative, based on positive social media posts and voting in favor of pro-crypto pieces of legislation.
In a 2022 financial disclosure report for the US Senate, Vance reported holding between $100,001 and $250,000 in Bitcoin (BTC) through crypto exchange Coinbase. He also voted in favor of a joint resolution to overturn a Securities and Exchange Commission rule on banks reporting crypto as a liability on their balance sheets — legislation President Joe Biden vetoed.
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Author: Turner Wright
