JD Vance says “crypto finally has a champion” in the White House during Bitcoin conference speech
Vice President JD Vance Champions Crypto Industry at Bitcoin 2025 Conference
Vice President JD Vance made a bold statement at the Bitcoin 2025 Conference in Las Vegas, emphasizing the Trump administration’s support for the cryptocurrency industry. Vance hailed President Trump as a champion and ally of crypto, signaling a shift towards embracing this once-fringe business.
With a personal investment of $250,000 to $500,000 in Bitcoin, Vance has long been a supporter of cryptocurrencies. He highlighted the administration’s efforts to ease regulations, promote industry growth, and integrate crypto into the mainstream economy.
“Crypto and digital assets, particularly Bitcoin, are now recognized as integral parts of the mainstream economy,” Vance declared. He praised decentralized finance for revolutionizing transactions and serving as a hedge against unfavorable policies.
While providing few policy specifics, Vance underscored the importance of Congress passing the GENIUS Act to establish a regulatory framework for stablecoins. He emphasized the role of stablecoins as a force multiplier for economic strength rather than a threat to the U.S. dollar.
Vance urged industry stakeholders to actively engage in politics to ensure continued support for crypto. He warned that without their involvement, the industry could be overlooked by policymakers, emphasizing the impact of political decisions on technological advancements.
Joining other prominent Trump backers at the conference, Vance’s address underscored the administration’s shift towards embracing cryptocurrency. The event also featured discussions on new bitcoin business models and the rise of crypto-friendly lawmakers.
As the highest-ranking sitting politician at the Bitcoin Conference, Vance’s endorsement of crypto reflects a growing trend of bipartisan support for digital assets. Despite past skepticism, the industry has gained traction, with Bitcoin’s value soaring nearly 60% in the past year.
President Trump’s personal investments in crypto, totaling $2.9 billion, have further solidified his administration’s commitment to the industry. With initiatives like the GENIUS Act and partnerships with crypto ventures, the Trump family’s ties to cryptocurrency have drawn both praise and criticism.
While debates around conflicts of interest persist, the White House maintains that Trump’s assets are managed independently. The administration’s pro-crypto stance signals a new era for the industry, promising opportunities for growth and innovation.
Overall, Vance’s speech at the Bitcoin 2025 Conference underscores the administration’s support for the crypto industry and its potential to reshape the economic landscape in the years to come.
