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Compiled by: Deng Tong, Bitchain Vision
US Vice President JD Vance attended the Bitcoin 2025 conference and gave a keynote speech.During his speech, Vance encouraged crypto practitioners to participate in policy making, praised Trump’s attitude towards crypto, and disclosed his crypto assets…
Encourage crypto practitioners to participate in politics
Vice President JD Vance praised the cryptocurrency industry at the Bitcoin 2025 conference and urged it to continue to be active in U.S. politics and policy making, highlighting the Trump administration’s close ties to a financially-heavy industry that has become a powerful force in Washington.
He urged cryptocurrency executives and enthusiasts to continue to put pressure on Congress to pass White House-backed legislation that supports cryptocurrencies.
Vance praised the cryptocurrency industry’s ability to organize and influence American politics during last year’s election, and particularly praised Cameron and Taylor Vinclairvos, the billionaire founders of cryptocurrency exchange Gemini.
Vance said: “You have chosen to speak out and participate in it. I believe you have changed the development trajectory of our country because of this.”
Vice President JD Vance delivered a keynote speech at the Bitcoin 2025 conference in Las Vegas, Nevada.
Cryptocurrencies are changing the United States
Vance describes cryptocurrency as a “true bottom-up innovation” that has improved “the well-being of tens of millions of fellow citizens.”Vance said in his speech:“We have a once-in-a-lifetime opportunity to unleash innovation and use it to improve the lives of countless American citizens. But if we don’t have a clear regulatory system right now, we have the potential to drive this $3 trillion industry overseas to find a friendly jurisdiction.”
Bitcoin will become a strategic asset in the United States in the next decade.
Vance praised cryptocurrencies as a hedge against poor policy making in Washington, a hedge against inflation and a “held against the increasing willingness of the private sector to discriminate against consumers based on their basic beliefs (including political views)” and listed those who were “cancelled” because of “supporting the Second Amendment or having connections with the first Trump administration.”It can help conservative populists protect themselves from bad politicians, overly radical regulators and immoral elites.He predicts that cryptocurrencies will continue to be integrated into the financial mainstream and says the United States is strategically important to be a global leader in the industry.
Commenting Trump on fulfilling his commitment to the crypto industry
Vance calls Bitcoin a “movement” andPromise the Trump administration will drive digital assets rather than weaponizing federal regulations to deal with them.”I’m here to announce loudly and explicitly today: Under President Trump, cryptocurrencies finally have advocates and allies in the White House.”
Vance believes it is necessary to establish a regulatory framework to fully incorporate cryptocurrencies into the mainstream U.S. economy and prevent future governments from revoking the Trump administration’s crypto-friendly policies.
“I hope our party will be in power for a long time, but nothing politically is absolute. So the best way to ensure cryptocurrencies become part of the mainstream economy is to pass a market structure bill that will support, rather than limit, the extraordinary value represented by Bitcoin and other digital assets,” he said.
Vance also praised the Trump administration’s record of fulfilling last year’s campaign promises.
As president, Trump established strategic bitcoin reserves for the federal government and pardoned Ross Ulbricht, founder of the black market website Silk Road, which was crucial to the early development of bitcoin.Trump has also used outspoken cryptocurrency supporters to consolidate his administration, while revoking or suspending several enforcement actions against large cryptocurrencies.
Vance criticized the Biden administration’s approach to cryptocurrency regulation, calling it “a thousand enforcement actions that killed” and said Trump fired former SEC chairman Gary Gensler, accusing Gensler of “attacking every effort to democratize our financial markets” under the guise of protecting consumers.The Trump administration will continue to work hard to “clean up the endgame left by the Biden administration on us.”“’Operation Stronger 2.0′ has failed and will not appear again under the Trump administration.”
Vance urged the passage of bipartisan legislation called the Guidance and Establishment of U.S. Stablecoin National Innovation Act (GENIUS), which he said would greatly expand the use of stablecoins as a digital payment system, protect stablecoin holders and further improve market transparency.
“In the view of this administration,We do not believe that stablecoins threaten the integrity of the US dollar.“Vance said, “It’s the opposite.”
Vance said at the meeting,He himself holds a “quite amount” of Bitcoin, and the disclosed assets are worth between $250,000 and $500,000.
Vance requires encrypted users to follow AI
Vance also requires crypto users to pay attention to the development of artificial intelligence.
“Remember, what’s going on in the AI field will have a big impact on Bitcoin, for better or worse, of course, what’s going on in the Bitcoin field will have a big impact on AI.” “I don’t want the United States to be negatively affected by what’s going on in the AI field, and the best way to ensure smart people participate in AI conversations is to make sure Bitcoin is part of the AI conversation.”
Source: Reuters, CoinDesk, CoinTelegraph, WDHN, Cleveland, etc.
