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

2 years ago

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.

Rep. Tim Ryan (D-Ohio) and Republican JD Vance, a task capitalist and writer of the publication "Hillbilly Elegy," won their party's nominations to tally for Ohio's unfastened Senate seat. The Associated Press called some superior races Tuesday evening ET.

  • Vance owns a sizable magnitude of BTC. He was is besides heavy backed by Peter Thiel, who precocious stated his views connected the motivation imperative for bitcoin adoption, and shamed crypto-skeptical fiscal leaders.

  • Vance, who was endorsed successful the superior by erstwhile president Donald Trump, bushed Josh Mandel, who served arsenic a authorities typical and authorities treasurer (he implemented the programme to wage taxes successful crypto), past helium secured a footnote successful crypto-politics past with a azygous tweet proclaiming his imaginativeness for Ohio: “pro-God, pro-family, pro-bitcoin.”

  • Ryan co-sponsored the Keep Innovation successful America Act, a crypto-friendly measure designed to support tenable taxation reporting requirements. Ryan defeated his challenger, Morgan Harper.

The Festival for the Decentralized World

Thursday - Sunday, June 9-12, 2022

Austin, Texas

Save a Seat Now

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.


Sign up for State of Crypto, our play newsletter examining the intersection of cryptocurrency and government

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source