Former President Donald Trump has chosen Senator J.D. Vance as his running mate, highlighting Vance’s pro-crypto stance and expertise in technology and finance.
Vance, author of “Hillbilly Elegy,” is known for his legislative initiatives in favor of cryptocurrencies. He recently proposed a bill to reform the regulation of digital assets.
Despite not disclosing recent transactions, Vance held between $100,000 and $250,000 worth of Bitcoin in 2022, further reinforcing his pro-crypto profile.
In his announcement on the TruthSocial platform, Trump praised Vance’s skills and commitment to American workers and farmers.
A Strategic Choice for Donald Trump
After careful consideration, Trump stated, “After careful consideration and weighing the exceptional talents of many other candidates, I have decided that the best person to assume the position of Vice President of the United States is Senator J.D. Vance from the great state of Ohio.”
Trump highlighted Vance’s successful career in technology and finance, as well as his dedication to advocating for the interests of workers and farmers in several key states.
Context and Background of J.D. Vance
Investor and author of the book “Hillbilly Elegy,” J.D. Vance is well-regarded in the crypto space for his legislative initiatives aimed at reforming the regulation of digital assets in the United States.
Recently, he drafted a bill to restructure how the United States regulates digital assets, an initiative considered even more crypto-friendly than the law passed by the House of Representatives in June.
Although Vance did not disclose any cryptocurrency purchases or sales in his most recent financial disclosure to the Senate, he revealed in 2022 that he held between $100,000 and $250,000 worth of Bitcoin.
