Trump Selected His Running Mate, Who Has Previously Disclosed Crypto Holdings

Former President Donald Trump, the likely Republican candidate for the 2024 U.S. presidential race, has selected Sen. J.D. Vance, a supporter of cryptocurrency, as his running mate.

Trump announced his decision on TruthSocial, highlighting Vance’s successful background in technology and finance, and his dedication to American workers and farmers across key states.

Vance’s chances of being picked as vice president surged to 70% on the crypto prediction market platform Polymarket, making him the clear favorite among potential candidates.

Known for his work on crypto legislation, Vance has recently proposed a bill to improve U.S. regulations on digital assets, aiming to be more crypto-friendly than the legislation passed by the House in June.

Other potential candidates, including North Dakota Governor Doug Burgum and Florida Sen. Marco Rubio, were informed that they were no longer being considered for the vice presidential spot.

Although Vance’s latest Senate financial disclosure does not show any cryptocurrency transactions, he previously reported holdings valued between $100,000 and $250,000 in 2022.