2024-07-16 20:08:29
Politics
Blockchain
Regulation

JD Vance's Selection as Trump's Running Mate Signals Pro-Crypto Era

Image courtesy of : AFP

Donald Trump's choice of Senator JD Vance as his 2024 running mate heralds a pro-crypto era in potential future White House policy. Vance's strong support for cryptocurrencies, with holdings of up to $250,000 in Bitcoin and advocacy for pro-crypto legislation, aligns well with the growing prominence of digital assets.

As a vocal advocate for blockchain technology, with a background at Mithril Capital, Vance's policies could bring about regulatory clarity and the integration of blockchain into the U.S. financial system. The potential collaboration between Trump and Vance might lead to significant advancements in the adoption and regulation of crypto assets, benefiting the U.S. as a key player in Web3 development.

Their shared stance on embracing cryptocurrencies and fostering innovation in the sector could pave the way for a new chapter in the relationship between the government and the crypto industry, potentially reshaping the landscape of digital finance in the country.

Cointelegraph.com News
15. Juli 2024 um 19:55

Donald Trump picks crypto-friendly JD Vance as running mate

Politics
Cryptocurrencies & blockchain
Finance
Donald Trump has chosen Senator JD Vance, a crypto-friendly politician, as his 2024 running mate. Vance holds up to $250,000 in Bitcoin and has supported pro-crypto legislation.
CoinDesk
16. Juli 2024 um 14:10

Trump Campaign's Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ

Politics
Cryptocurrencies & blockchain
Economy
Finance
Trump's 2024 Republican campaign raised $3M in crypto, including bitcoin and ether, from around 100 donors like the Winklevoss twins and Kraken's Jesse Powell. The Winklevoss twins' Gemini exchange helped process the crypto donations, which were a small part of the $331M total raised last quarter. Trump's embrace of crypto has helped bolster his crypto credentials.
CoinDesk
16. Juli 2024 um 15:32

Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

Politics
Finance
Trump's odds of retaking the White House hit a new high of 72% on Polymarket, a crypto-based prediction market. Traders are betting on the Republican nominee, who picked Sen. J.D. Vance, a millennial, as his running mate. The platform uses the Polygon blockchain and USDC stablecoin for bets.
Cointelegraph.com News
16. Juli 2024 um 17:41

a16z co-founders pledge to support Trump in wake of Vance VP pick: Report

Politics
Technology
Economy
Finance
a16z co-founders plan to donate to Trump's campaign; Trump has selected crypto-friendly J.D. Vance as his VP; Trump has embraced a pro-crypto stance; a16z has invested heavily in crypto, including Avalanche, Coinbase, and Uniswap; Silicon Valley insiders are donating to Trump; Trump has been aggressively courting the crypto industry; Vance has drafted crypto-friendly Senate legislation and is a vocal advocate for the industry.
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