Crypto-Friendly Tim Ryan, JD Vance to Vie for Ohio’s Open Senate Seat

Crypto-Friendly Tim Ryan, JD Vance to Vie for Ohio’s Open Senate Seat

Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies.

Rep. Tim Ryan (D-Ohio) and Republican JD Vance, a venture capitalist and author of the book “Hillbilly Elegy,” won their party’s nominations to run for Ohio’s open Senate seat. The Associated Press called both primary races Tuesday evening ET.

  • Vance owns a sizable amount of BTC. He was is also heavily backed by Peter Thiel, who recently stated his views on the moral imperative for bitcoin adoption, and shamed crypto-skeptical financial leaders.
  • Vance, who was endorsed in the primary by former president Donald Trump, beat Josh Mandel, who served as a state representative and state treasurer (he implemented the program to pay taxes in crypto), then he secured a footnote in crypto-politics history with a single tweet proclaiming his vision for Ohio: “pro-God, pro-family, pro-bitcoin.”
  • Ryan co-sponsored the Keep Innovation in America Act, a crypto-friendly bill designed to maintain reasonable tax reporting requirements. Ryan defeated his challenger, Morgan Harper.

Source: https://www.coindesk.com/policy/2022/05/04/crypto-friendly-tim-ryan-jd-vance-to-vie-for-ohios-open-senate-seat/

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