🇺🇸 J.D. Vance and cryptocurrencies: a high-level ally for Web3?
In the run-up to the 2024–2025 elections, the US cryptocurrency community receives an unexpected but extremely important bonus — the strengthening of political lobbying from one of the most media-savvy senators — J.D. Vance. Who is he and why is his position so important?
🧠 Who is J.D. Vance?
Senator from Ohio, venture investor, and author of the bestseller Hillbilly Elegy. In 2024, he was shortlisted as a candidate for the Republican vice-presidential nomination, which automatically makes him a figure of federal scale. And the most interesting thing is — he doesn't just talk about cryptocurrencies, he invests in them.
💰 Bitcoin owner
According to his financial disclosures, Vance owns Bitcoin worth between $250,000 and $500,000. This is not just a declarative support for the industry — this is skin in the game. His financial interests are directly tied to the development of the blockchain sector in the US.
🧾 Legislative activity
Vance is a critic of the SEC's aggressive policies and Gary Gensler personally. He supports transferring regulatory powers from the SEC to the CFTC — a structure more favorable to the crypto industry. He also defends banks working with crypto companies from regulatory pressure.
📈 What does this mean for us?
If Vance takes a high position in 2025, it could be a turning point for cryptocurrencies in the US. More favorable regulation, user protection, and the growth of legitimacy for digital assets — all of this could become a reality. And this, in turn, will influence global markets, including Asia and Europe.
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