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International Business Times
International Business Times
Business
Marvie Basilan

Trump Picks $BTC Holder J.D. Vance For VP – Is He Good For Crypto?

JD Vance JD Vance R Crypto Donald Trump Gensler SEC Bill Hughes Bitcoin Elon Musk Coinbase
Donald Trump (L) picked J.D. Vance (R) as his running mate in November. (Credit: AFP)

KEY POINTS

  • Vance previously slammed Canada's Emergencies Act, saying it is the reason why crypto is rising
  • Vance has Bitcoin holdings through Coinbase and has called out Gensler for his regulatory approach
  • The Ohio senator has had a more open-minded approach toward cryptocurrencies

Following a wild weekend in Pennsylvania, Republican presidential candidate Donald Trump has chosen Sen. J.D. Vance of Ohio to become his running mate, raising the most important question at the moment in the cryptocurrency industry – will Vance be good for the burgeoning sector?

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