Sen. J.D. Vance, Ohio Republican and “Hillbilly Elegy” author, has been announced as former President Donald Trump’s running mate for the 2024 election. 

Vance’s selection comes amid his push to reform digital asset regulation, which has garnered support from the crypto industry. 

Vance and crypto legislation

Vance is a popular choice among crypto enthusiasts, given his efforts to advance legislation clarifying the rules of the road for digital assets. The Senate Banking Committee member has been circulating a draft of a bill that would reshape how the U.S. regulates digital assets. 

The proposed bill, which follows a more industry-friendly approach than the recent bipartisan House legislation, seeks to simplify the roles of the Security and Exchange Commission (SEC) …