US Republican Vice Presidential Candidate JD Vance Has Drafted Crypto-Friendly Bill, Which May Be Good for the Crypto Industry

Odaily News JD Vance, the Republican vice presidential candidate in the United States, is a potential crypto-friendly person. Given his previous efforts to create clearer legislation, the election of the "Hillbilly Elegy" author and venture capitalist will be good for the crypto industry. According to Politico, JD Vance recently drafted a bill that will reform the way the United States regulates digital assets. Sources said that this bill will be more favorable to crypto than a bill passed by the House of Representatives in June. It is reported that like the House bill, Vance's plan will completely reform the way the U.S. SEC and CFTC regulate the cryptocurrency market, which is a major priority for cryptocurrency companies and investors who are dissatisfied with Washington's current policies. Vance did not disclose the purchase or sale of any cryptocurrency in his recent Senate financial disclosure.