Ohio Senator J.D. Vance has joined the Republican Party as a vice presidential candidate, according to a statement from US presidential candidate Donald Trump’s campaign headquarters.

According to the information and analytical resource Coinbase Stand With Crypto, which evaluates the position of US politicians in relation to the cryptocurrency industry based on social media posts and votes in favor of pro-cryptocurrency acts, Senator JD Vance is characterized as a “strong” supporter of the development of the digital finance industry.

Vance, for example, was among 60 senators who planned to repeal the controversial SAB 121, an amendment to the U.S. Securities and Exchange Commission (SEC) that would have restricted U.S. banks from holding crypto assets.

Vance has also repeatedly spoken negatively about SEC Chairman Gary Gensler, calling the agency’s approach to regulating the digital finance industry extremely short-sighted and unprofessional.

“In my view, Gensler is one of the worst CEOs in office. The approach that Gary Gensler has taken to blockchain and cryptocurrency regulation is the exact opposite of what it should be. He’s bringing politics way too much into the real business of securities in the United States,” Vance said at Remedy Fest, a private conference hosted by Y Combinator and Bloomberg in February.

Previously, Senator Vance reported in an official financial disclosure report for government employees, he revealed his investments in bitcoin and holding around $250,000 in digital assets.

The day before, Arthur Hayes, co-founder of the BitMEX crypto exchange, shared his concerns that US presidential candidate Donald Trump may be deceiving the crypto community with promises to support digital assets in order to gain votes.