The post The Bitcoiner now running as Trump’s vice president appeared on BitcoinEthereumNews.com.

JD Vance has held Bitcoin for years, criticized Gary Gensler and the SEC, and pushed for pro-crypto policies. In November, he could be a heartbeat away from the presidency. After a shocking assassination attempt on Saturday, a defiant Donald Trump has returned to the campaign trail — and was pictured with a bandaged ear while attending the Republican National Convention in Wisconsin. Now formally nominated as the party’s nominee in November’s presidential election, his first order of business was to select a running mate. Trump duly announced that Ohio senator JD Vance would be his vice presidential pick. From a crypto standpoint, this is a positive development — and an extension of Trump’s pro-Bitcoin rhetoric. Back in 2022, Vance had disclosed that he held between $100,000 and $250,000 worth of BTC, meaning it’s fair to say he’s a believer. Videos on X have also shown Vance criticizing Gary Gensler, the chair of the U.S. Securities and Exchange Commission, for his heavy-handed approach when regulating digital assets. “The approach that Gary has taken to regulating blockchain and crypto seems to be almost the exact opposite of what it should be.” JD Vance 👀👀👀 NEW VIDEOOhio Senator JD Vance on Gensler: He is way way way too political in his regulation of securities. He has it backwards when wanting to ban useful tokens and seemingly not caring about those without specific utility. Sen. Vance sees blockchain as key to… pic.twitter.com/yKoNmk4Bm4 — Bill Hughes : wchughes.eth 🦊 (@BillHughesDC) February 27, 2024 Vance even went on to say that Gensler is “the worst person” to be tasked with overseeing this vast-moving industry — and argued that modern tech companies and social networks will increasingly need to have their own utility tokens. Earlier this year, the Republican played an instrumental role in congressional efforts to…

---

Filed under: News - @ July 18, 2024 8:10 am