Key Takeaways:
- Former President Donald Trump selects Senator JD Vance as his 2024 running mate.
- Vance is a strong crypto advocate with significant Bitcoin holdings and a history of supporting pro-crypto legislation.
- Trump’s campaign will accept crypto contributions, aligning with the Republican Party’s new pro-Bitcoin stance.
Former President Donald Trump has chosen Senator JD Vance as his running mate for the 2024 election.
Vance, who holds between $100,001 and $250,000 in Bitcoin, is a strong supporter of cryptocurrencies.
JUST IN: Donald Trump selects pro-#Bitcoin and crypto J.D. Vance as his running mate 🇺🇸 pic.twitter.com/pNRZ7RNHU9
— Bitcoin Magazine (@BitcoinMagazine) July 15, 2024
He has voted in favor of pro-crypto legislation, including a resolution to overturn a rule requiring banks to report crypto as a liability, which was ultimately vetoed by President Joe Biden.
Vance, an Ohio senator and author of “Hillbilly Elegy”, has been in politics for less than two years but has endorsed Trump for the 2024 Republican primaries despite past criticisms.
Trump’s campaign will accept crypto contributions, and the Republican Party’s platform now includes support for Bitcoin miners and opposition to central bank digital currencies.
Meanwhile, President Biden is also considering accepting crypto contributions for his campaign.