Potential Vice President Donald Trump Owns a Large Stake of Bitcoin:
This welcome is attributed to Vance's strong support for Bitcoin (BTC) and its significant investments in this area.
Vance is known as a venture capitalist and owns a large personal stake in Bitcoin.
According to the US Senate's 2022 financial disclosures, Vance declared ownership of up to $250,000 in Bitcoin.
These investments, purchased from major cryptocurrency trading platform Coinbase, add to his estimated net worth of between $3.75 million and $10.495 million.
In addition to Bitcoin, Vance has a Robinhood brokerage account, investments of up to $100,000 in a crude oil exchange-traded fund (ETF), up to $250,000 in a gold ETF, and a checking account with brokerage firm Charles Schwab. With a value of up to $250,000.
Senator J.D. Vance is known for his supportive stance on cryptocurrencies, as he previously presented a bill aimed at changing the regulation of the cryptocurrency market in the United States, including the practices of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
In 2023, Vance introduced a bill to protect banking institutions from regulatory pressure to suspend their services to cryptocurrency companies.#Binance