Former
President
Donald
Trump,
the
presumptive
Republican
nominee
for
leader
of
the
U.S.,
announced
he
chose
crypto-friendly
Sen.
J.D.
Vance
(R-Ohio)
as
his
vice
presidential
candidate.
“After
lengthy
deliberation
and
thought,
and
considering
the
tremendous
talents
of
many
others,
I
have
decided
that
the
person
best
suited
to
assume
the
position
of
Vice
President
of
the
United
States
is
Senator
J.D.
Vance
of
the
Great
State
of
Ohio,”
Trump
wrote
on
social
media
app
TruthSocial.
“J.D.
has
had
a
very
successful
business
career
in
Technology
and
Finance,
and
now,
during
the
Campaign,
will
be
strongly
focused
on
the
people
he
fought
so
brilliantly
for,
the
American
Workers
and
Farmers
in
Pennsylvania,
Michigan,
Wisconsin,
Ohio,
Minnesota,
and
far
beyond.”
Vance’s
odds
of
being
nominated
for
vice
president
on
crypto-based
prediction
market
platform
Polymarket
stood
at
70%
on
Monday,
by
far
the
highest
among
all
competitors.
The
“Hillbilly
Elegy”
author
and
venture
capitalist
was
a
favorable
choice
among
leaders
in
the
crypto
space
given
its
previous
efforts
to
bring
clearer
legislation.
He
most
recently
drafted
a
bill
that
would
revamp
how
the
U.S.
regulates
digital
assets,
according
to
Politico,
which
sources
said
would
be
even
more
crypto-friendly
than
a
bill
that
was
passed
by
the
House
in
June.
North
Dakota
Governor
Doug
Burgum
and
Florida
Sen.
Marco
Rubio
were
also
seen
as
likely
candidates
to
be
Trump’s
running
mate,
but
were
reportedly
informed
earlier
Monday
that
they
were
out
of
the
running.
Vance
has
not
disclosed
buying
or
selling
any
cryptocurrencies
in
his
most
recent
Senate
financial
disclosure,
though
in
2022
he
disclosed
he
held
between
$100,000
and
$250,000
of
bitcoin.
UPDATE
(July
15,
2024,
19:45
UTC):
Adds
Vance’s
financial
disclosure,
including
2022
disclosure.
