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J.D. Vance, the Ohio Senator and vice presidential candidate chosen by former President Donald Trump, owns between $100,001 and $250,000 in Bitcoin. His latest financial disclosures reveal these holdings were maintained through Coinbase for the calendar year 2022. Besides his crypto investments, Vance’s assets also include accounts with Robinhood and Charles Schwab, with his net worth estimated to be between $5 million and $10.5 million.
Vance, a venture capitalist by trade, reported earnings of $110,146 from his Cincinnati-based Narya Capital Management firm and $121,376 in royalties from his bestselling memoir “Hillbilly Elegy,” published by HarperCollins. Despite his diverse income streams, it is his cryptocurrency investment that aligns with his legislative pursuits.
As one of the pro-crypto voices in the Senate, Vance is actively drafting legislation aimed at reforming U.S. financial regulatory approaches to digital assets. This move could herald significant changes in how cryptocurrencies are treated by financial regulators, reflecting Vance’s commitment to promoting digital asset adoption.