Trump Names Crypto-Friendly J.D. Vance Republican Vice Presidential Nominee

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ChainCatcher reported that according to The Block, Trump has appointed Ohio Senator JD Vance as the Republican vice presidential candidate today. Vance, a former venture capitalist, disclosed in his annual report filed last year that he owned between $100,001 and $250,000 worth of Bitcoin as of 2022. He holds these Bitcoins through Coinbase.

In addition, Vance has opened accounts at brokerage firms Robinhood and Charles Schwab. He has not yet filed financial disclosures for 2023. His current net worth is estimated to be at least $5 million and at most $10.5 million. Vance is one of the lawmakers who supports cryptocurrency and is involved in drafting a bill that would reform the way U.S. financial regulators oversee digital assets.

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