JD Vance: This is how Trump's running mate views crypto

With JD Vance, Donald Trump is choosing a senator from Ohio as his running mate for the US election. The Republican wants to support the crypto sector.

Today, July 16, Donald Trump declared that Senator James David Vance of Ohio will be his running mate in the U.S. elections in November. Upon potentially taking office, Vance plans to introduce new regulations for digital assets and revolutionize the SEC and CFTC's approach to the crypto market, so reports Politico based on insider information. The politician is clearly very dissatisfied with the SEC chief's work. Gensler is said to be the "worst person" are for the regulation of the crypto sector. "Gary's approach to blockchain and crypto regulation is the exact opposite of what it should be", the Republican said in a video published on X.

Vance is also likely to agree with Donald Trump's Bitcoin pledge. In a financial report for the U.S. Senate from 2022 indicated Vance owned between US$100,001 and US$250,000 in Bitcoin. In the crypto world, there are many who support Trump. The Republican is especially committed to developing the industry in the U.S., accepts campaign contributions in Bitcoin and is vehemently opposed to a U.S. CBDC.