Thursday, 26 December 2024
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Donald Trump picks pro-crypto Senator J.D. Vance as running mate

Donald Trump picks pro-crypto Senator J.D. Vance as running mate

  • Trump picks pro-crypto Senator J.D. Vance as his 2024 running mate.
  • Vance holds up to $250,000 in Bitcoin and advocates for favorable crypto regulations.
  • Vance’s background includes military service, Yale Law, and a successful business career.

According to an announcement on Truth Social, former President Donald Trump has officially selected Senator J.D. Vance of Ohio as his running mate for the 2024 presidential election. Trump’s pick has received endorsement from the likes of Elon Musk who have already endorsed Trump after the recent shooting incident.

In a post on X, Elon Musk has said that the Trump-Vance ticket “Resounds with victory.”

Vance, a rising star in the Republican Party, brings a wealth of experience from his service in the Marine Corps, his academic achievements, and his successful business career.

Senator J.D. Vance has been a strong advocate for crypto

Senator J.D. Vance is widely recognized for his vocal support of cryptocurrencies, particularly Bitcoin.

His 2022 financial disclosure report reveals that he holds between $100,001 and $250,000 in Bitcoin, showcasing his personal investment in the future of digital currencies.

Vance’s pro-crypto stance is further evidenced by his voting record, including his support for a joint resolution to overturn a SEC rule that required banks to report cryptocurrencies as liabilities on their balance sheets. This legislation, though ultimately vetoed by President Joe Biden, highlighted Vance’s commitment to fostering a favorable regulatory environment for cryptocurrencies.

Vance’s alignment with the cryptocurrency community has earned him a “strong” supporter rating from Coinbase’s Stand With Crypto initiative.

His positive social media posts and consistent advocacy for pro-crypto legislation have cemented his reputation as a forward-thinking legislator in the digital finance space.

With crypto now a card on this year’s US elections, Vance’s presence on the ticket could attract tech-savvy voters and investors looking for leaders who understand and support the digital currency revolution. Besides Vance’s pick Donald Trump has confirmed that he will attend and speak at the Bitcoin 2024 conference.

Distinguished background in military service

In addition to his pro-crypto stance, J.D. Vance brings a distinguished background of…

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