Join our Telegram Channel to keep up to date with breaking news coverage.
Former President of the United States Donald Trump has named bitcoin-owning Ohio Senator JD Vance as his running mate, meaning the US will have its first crypto vice president if Trump regains the White House.
The senator was chosen “after much deliberation and reflection,” according to a post on Trump’s Truth Social social media site.
In a mandate Annual report For the 2022 calendar year which was introduced in October 2023, Vance revealed that he owns between $100,001 and $250,000 worth of btc.
JD Vance is known for being pro-cryptocurrencies
The senator is known to have a favorable stance towards digital assets and is in the process of drafting a bill that will change the way financial regulators police cryptocurrencies in the US.
A clip showing Vince calling the chairman of the Securities and Exchange Commission (SEC) Gary Gensler The “worst person” regulating the cryptocurrency industry has resurfaced online following his appointment. He made these comments in a speech delivered at a private conference held by Y Combinator and Bloomberg on February 28.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”13.275401069519″>
NEW VIDEO
Ohio Sen. JD Vance on Gensler:
It is too political in its regulation of securities.
It does it the other way around when it wants to ban useful tokens and apparently doesn't care about those that have no specific utility.
Senator Vance sees blockchain technology as key to… photo.twitter.com/yKoNmk4Bm4
— Bill Hughes: wchughes.eth (@BillHughesDC) twitter.com/BillHughesDC/status/1762547166348775770?ref_src=twsrc%5Etfw”>February 27, 2024
“He wants to introduce too much politics into the actual business of securities in the United States,” Vance said in his talk, referring to the SEC chairman. “The approach that Gary has taken to regulating blockchain and cryptocurrencies is exactly the opposite of what it should be.”
Vance has been active in speaking out against government excesses
Vance was also among 60 senators who voted to roll back the SEC’s controversial SAB 121 accounting guidelines. And in February, he led a handful of Republican senators in expressing concerns about the SEC’s enforcement action against Debt Box in a letter to Gensler.
A judge found that SEC lawyers used false statements to justify freezing Debt Box's assets.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”7.0110497237569″>
That's why cryptocurrencies are taking off. The regime will cut off your access to banking if you have the wrong political stance. https://t.co/C88DCsehnN
— JD Vance (@JDVance1) twitter.com/JDVance1/status/1493575391457517568?ref_src=twsrc%5Etfw”>February 15, 2022
In February 2022, Vance also praised cryptocurrencies as a solution to government overreach when Canada’s finance minister froze the accounts of truckers protesting COVID-19 lockdowns.
Related Posts:
PlayDoge (PLAY): The Latest ICO on the BNB Chain
- Virtual 2D Doge Pet
- Play to Win Meme Coin Fusion
- Participation rewards and in-game tokens
- SolidProof audited – playdoge.io
Join our Telegram Channel to keep up to date with breaking news coverage.
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>
