
Bitcoin Will Be 'Strategically Important Asset' for US, Says JD Vance
JD Vance followed in President Trump's footsteps Wednesday, giving a keynote speech at the annual Bitcoin conference in Las Vegas.[...]
VP Vance Pledges Crypto-Friendly Policies, Promises to Unleash Digital Asset Industry's Potential
In a rousing speech at the Bitcoin 2025 conference in Las Vegas, Vice President JD Vance reaffirmed the administration's commitment to fostering a thriving digital asset ecosystem. Vance opened by acknowledging the crypto community's crucial role in the administration's rise to power, stating, "We understand the full potential of the digital assets industry - not just as an investment, not just as a flashy technology, but as a symbol and driver of personal liberty for all our citizens."
Vance was unequivocal in his criticism of the previous administration's approach, declaring, "We've got to clean up the wreckage that the last administration left us, and since day one, that is exactly what we've been trying to do." He promised to eliminate the "rules, the red tape, and the lawfare" that had hindered the crypto industry, and emphasized the administration's plan to create a clear, pro-growth legal framework for stablecoins and a tailored regulatory environment for digital assets.
The VP's remarks resonated with the record-breaking Bitcoin conference crowd, who cheered his assertion that "crypto and digital assets - and particularly Bitcoin - are part of the mainstream economy and are here to stay." Vance reiterated the strategic importance of Bitcoin for the United States, stating, "We want to start to put in motion the strategic importance of Bitcoin for the United States government."
While the VP's speech lacked the flashy promises of his predecessor, it nonetheless reaffirmed the administration's commitment to creating a crypto-friendly ecosystem. With the recent dismissal of former SEC Chair Gary Gensler and the introduction of the GENIUS Act, the stage is set for the Trump-Vance administration to cement its legacy as a champion of the digital asset industry.