Trump Administration Doubles Down Pro-Crypto Agenda at Bitcoin 2025 Conference

United States Vice President JD Vance delivered a fiery address at the Bitcoin 2025 conference in Las Vegas, declaring that the Trump administration will continue purging anti-cryptocurrency regulators while pushing for comprehensive legislative protections for the digital assets industry.

Speaking to an energetic crowd on Wednesday, Vance made clear that the removal of former SEC Chair Gary Gensler was just the beginning of a broader regulatory overhaul targeting officials who previously hostile to cryptocurrency innovation.

"We fired Gary Gensler and we're going to fire everybody like him," Vance declared to thunderous applause. "Maybe the most important thing that we did for this community — we reject regulators and we fired Gary Gensler."

The vice president characterized the previous administration's approach as "death by a thousand enforcement actions" and declared that " Operation Chokepoint 2.0 is dead and it's not coming back under the Trump administration."

Strategic Bitcoin Reserve and Economic Policy

Vance revealed new details about the administration's strategic thinking behind establishing a national Bitcoin reserve, framing it as a geopolitical chess move against China. "We know that the PRC doesn't like Bitcoin. The People's Republic of China doesn't like Bitcoin," he said. "Well we should be asking ourselves why is that — why is our biggest adversary such an opponent of Bitcoin?"

The vice president emphasized that Bitcoin serves multiple functions as a hedge against various economic and political risks. "Crypto is a hedge against bad policymaking from Washington, no matter what party's in control. It's a hedge against skyrocketing inflation which has eroded savings rate of Americans over the last four years," Vance explained.

He also highlighted Bitcoin's role in protecting against financial discrimination, citing debanking practices targeting "Second Amendment advocacy" and "ties to the first Trump administration," as well as the Canadian government's actions against truckers' protests in 2022.

Legislative Priorities and Market Structure

The administration's immediate legislative focus centers on passing comprehensive market structure legislation to cement cryptocurrency's place in the mainstream economy. Vance stressed the urgency of creating "smart pro-innovation rules of the road" to prevent future administrations from waging "another war on the crypto community."

"Right now in this Congress and with this administration we have a once-in-a-generation opportunity to unleash innovation," Vance said. "But if we fail to create regulatory clarity now we risk chasing this $3 trillion industry offshore in search of a friendlier jurisdiction."

The Vice President expressed strong support for stablecoin legislation, particularly the GENIUS Act currently moving through Congress. Contrary to concerns about dollar dominance, Vance argued that "dollar-pegged stablecoins, particularly once GENIUS is enacted, is only going to help the American economy and it's only going to help the American dollar."

Political Engagement and Industry Growth

Vance credited the cryptocurrency community's political mobilization in 2024 with helping achieve electoral victories, including Bernie Moreno's Senate win over Sherrod Brown. However, he warned against complacency, urging continued political engagement.

"Every victory that we win is only a provisional victory," he cautioned. "Don't ignore politics because I guarantee you my friends — politics is not going to ignore this community. Not now and not in the future."

Vance noted that approximately 50 million Americans currently own Bitcoin, predicting that number will reach 100 million "before too long." He praised the industry's role in expanding financial access and driving innovation across sectors from supply chain management to healthcare records.

Technology Integration and Future Vision

In a notable aside, the vice president addressed the intersection of cryptocurrency and artificial intelligence, describing them as complementary technologies that require coordinated policy approaches. "What happens in AI is very much going to affect in good and bad ways what happens to Bitcoin," he observed.

He encouraged the crypto community to remain engaged with AI policy development, warning that "the best way to ensure that smart people are at the AI conversation is to ensure that Bitcoin is part of the artificial intelligence conversation."

Administration Accomplishments and Future Plans

Vance highlighted the administration's progress in its first 120 days, including the establishment of a Cryptocurrency Working Group, executive orders on Bitcoin reserves, and the first-ever White House Crypto Summit. He emphasized that these efforts represent a fundamental shift from viewing digital assets as threats to embracing them as drivers of "personal liberty for all our citizens."

The Vice President concluded with a call for continued collaboration between the industry and government, acknowledging that achieving the administration's ambitious crypto agenda will require ongoing input from the community.

"We're going to need your help. We're going to need your guidance. We're going to need your encouragement. And at times yes, because this is politics, our politicians are going to need your pressure," Vance said.

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Singapore & the Future of Crypto (11 June)

​Join us for a compelling fireside chat on 11 June with Jeremy Tan , entrepreneur and independent GE2025 candidate, as he sits down with Saad Ahmed, Head of APAC at Gemini, to explore what Bitcoin really is, why it matters, and how it could help shape the future of Singapore — and its people.

​Whether you're new to Bitcoin, curious about crypto, or eager to understand where the future of money is headed, this is your chance to gain clear, honest insights. No jargon. No hype. Just practical knowledge for everyday Singaporeans.

The event is free to attend, though seats are limited and subject to confirmation. If not approved, you’ll still receive a livestream link to attend online. Apply early to secure your spot!

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