Cryptocurrency
Senator Vance Criticizes SEC Chair Gensler's Approach to Crypto Regulation
Tuesday. July 16 at 8:00 PM
1 min. readJames David Vance, the new running mate of Donald Trump, has criticized SEC Chair Gary Gensler for his handling of the crypto industry. In a recently surfaced video, Vance referred to Gensler as the 'worst person' to regulate crypto. He expressed concerns about Gensler's political influence on securities regulation and his stance on banning certain tokens. Vance has been vocal in supporting the crypto industry, including voting to reverse controversial SEC guidelines and questioning enforcement actions. He highlighted the importance of blockchain technology in combating government overreach. Prior to his political career, Vance served in the US Marines and worked as a venture capitalist. In a financial disclosure, he revealed holding Bitcoin investments. Vance's views on crypto have sparked a divide among Democrats leading up to the upcoming election.