The Trump administration strongly supports the crypto world! Vice President JD Vance takes the lead: We want to make the United States a superpower in Bitcoin.
U.S. Vice President JD Vance reiterated at the Bitcoin 2025 conference on May 28 that the Trump administration supports the development of the encryption industry. He also directly announced that Chokepoint 2.0 is dead and expressed support for stablecoin legislation and the rebuilding of the regulatory framework. He stated that as soon as the stablecoin bill GENIUS is passed, Trump will sign it into effect immediately. Regarding the U.S. Bitcoin strategic reserve, he remarked, "China hates Bitcoin, but that's okay, the U.S. will treat Bitcoin as a strategic asset!"
The crowd was packed, and the Vice President's presence at the Bitcoin annual conference reached a climax.
JD Vance kicked off the atmosphere by saying, "This is the largest Bitcoin conference I have ever seen!" He recalled last year's event when Trump first appeared as a candidate, and now it is the current Vice President himself attending, "This is, in itself, a historic moment."
He also mentioned that the price of Bitcoin has exceeded 100,000 USD, marking the first time in history that such an event is held at a time when the coin price is at a record high, symbolizing Bitcoin's entry into the mainstream and stepping into a new era.
The Trump administration stands firm: promises made, promises kept
Vance recalled Trump's promises to the coin circle last year:
End the crackdown on the encryption industry
Release Ross Ulbricht (the founder of the dark web platform Silk Road)
Will not sell the Bitcoin held by the government.
Establish "Bitcoin Strategic Reserve"
Make the United States a global Bitcoin superpower in 100 days.
He emphasized: "The promise has been fulfilled, now is our moment to deliver."
Expose the Democratic Party: Chokepoint 2.0 is dead, Gary Gensler has also been fired.
Vance did not hold back in criticizing the Biden administration's regulatory style, specifically naming former SEC Chairman Gary Gensler: "They pretend to protect consumers, but in reality, they are blocking innovation."
He officially declared: "Operation Chokepoint 2.0 (the action to suppress encryption financial institutions) has ended in our hands, and it will not return in the future."
Stablecoins are allies of the US dollar, not threats! The GENIUS Act is imperative.
The Vice President further mentioned that the Trump administration is fully promoting the GENIUS Act:
Establish a clear stablecoin regulatory framework
Enhance the transparency of stablecoins and protect holders.
Encourage USD-linked stablecoins to become payment tools
Help the United States consolidate its global financial influence.
Vance explained: "The US dollar stablecoin is not a threat, but rather an amplifier of our economic power. Once GENIUS passes, Trump will sign it into effect immediately."
Next step: Build a mainstream regulatory environment for digital assets
In addition to stablecoins, Vance also proposed the government's next phase goals:
Establish a more friendly and clearer market structure bill for encryption assets.
Help digital assets enter the mainstream economic system
Completely end the model of "regulating through enforcement".
He emphasized that this is not just for technological development, but also to allow the average American to participate in encryption finance with peace of mind.
Remind the crypto community not to be marginalized anymore: politics cannot be ignored.
Vance calls on the encryption community to continue paying attention to politics: "You spoke up in 2024, but this is just the beginning."
He admitted that when he ran for senator in 2022, he was one of the few candidates who publicly held Bitcoin, but at that time, hardly anyone in the crypto community stood up to counter Gensler's policies. "If you don't participate in politics, politics will come after you."
Bitcoin will be incorporated into the US strategy because China does not like it!
Vance further emphasized: "Bitcoin will become a strategic asset for the United States."
He cited the plan of David Sacks, a staff member of the Trump administration, mentioning that the establishment of a "Bitcoin Strategic Reserve" is part of national security.
"China (PRC) hates Bitcoin, so we should embrace it even more. Because we don't want to lose in the international competition 10 years from now."
AI and Bitcoin are inseparable, and both need to be jointly supervised in their development.
Finally, Vance reminds everyone that we cannot only focus on the development of the coin circle, but also pay attention to AI: "This is a critical moment for AI; it is not just a technological battle between the left and the right, but it is about the future development direction of the entire United States."
He encourages the encryption community to also participate in discussions and formulation of AI policies: "We need to involve Bitcoin in the AI dialogue to ensure that AI does not harm freedom and innovation."
Pressure must not stop, only freedom will win.
JD Vance finally shouted to the audience: "We have done a lot, but it is not enough. We need you to keep the pressure on, keep participating, and help us defend freedom and innovation, not just for the crypto world, but for the whole of America."
This article talks about the Trump administration strongly supporting the coin circle! Vice President JD Vance personally takes the front line: We want to make America a Bitcoin superpower. Originally appeared in Chain News ABMedia.
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The Trump administration strongly supports the crypto world! Vice President JD Vance takes the lead: We want to make the United States a superpower in Bitcoin.
U.S. Vice President JD Vance reiterated at the Bitcoin 2025 conference on May 28 that the Trump administration supports the development of the encryption industry. He also directly announced that Chokepoint 2.0 is dead and expressed support for stablecoin legislation and the rebuilding of the regulatory framework. He stated that as soon as the stablecoin bill GENIUS is passed, Trump will sign it into effect immediately. Regarding the U.S. Bitcoin strategic reserve, he remarked, "China hates Bitcoin, but that's okay, the U.S. will treat Bitcoin as a strategic asset!"
The crowd was packed, and the Vice President's presence at the Bitcoin annual conference reached a climax.
JD Vance kicked off the atmosphere by saying, "This is the largest Bitcoin conference I have ever seen!" He recalled last year's event when Trump first appeared as a candidate, and now it is the current Vice President himself attending, "This is, in itself, a historic moment."
He also mentioned that the price of Bitcoin has exceeded 100,000 USD, marking the first time in history that such an event is held at a time when the coin price is at a record high, symbolizing Bitcoin's entry into the mainstream and stepping into a new era.
The Trump administration stands firm: promises made, promises kept
Vance recalled Trump's promises to the coin circle last year:
End the crackdown on the encryption industry
Release Ross Ulbricht (the founder of the dark web platform Silk Road)
Will not sell the Bitcoin held by the government.
Establish "Bitcoin Strategic Reserve"
Make the United States a global Bitcoin superpower in 100 days.
He emphasized: "The promise has been fulfilled, now is our moment to deliver."
Expose the Democratic Party: Chokepoint 2.0 is dead, Gary Gensler has also been fired.
Vance did not hold back in criticizing the Biden administration's regulatory style, specifically naming former SEC Chairman Gary Gensler: "They pretend to protect consumers, but in reality, they are blocking innovation."
He officially declared: "Operation Chokepoint 2.0 (the action to suppress encryption financial institutions) has ended in our hands, and it will not return in the future."
Stablecoins are allies of the US dollar, not threats! The GENIUS Act is imperative.
The Vice President further mentioned that the Trump administration is fully promoting the GENIUS Act:
Establish a clear stablecoin regulatory framework
Enhance the transparency of stablecoins and protect holders.
Encourage USD-linked stablecoins to become payment tools
Help the United States consolidate its global financial influence.
Vance explained: "The US dollar stablecoin is not a threat, but rather an amplifier of our economic power. Once GENIUS passes, Trump will sign it into effect immediately."
Next step: Build a mainstream regulatory environment for digital assets
In addition to stablecoins, Vance also proposed the government's next phase goals:
Establish a more friendly and clearer market structure bill for encryption assets.
Help digital assets enter the mainstream economic system
Completely end the model of "regulating through enforcement".
He emphasized that this is not just for technological development, but also to allow the average American to participate in encryption finance with peace of mind.
Remind the crypto community not to be marginalized anymore: politics cannot be ignored.
Vance calls on the encryption community to continue paying attention to politics: "You spoke up in 2024, but this is just the beginning."
He admitted that when he ran for senator in 2022, he was one of the few candidates who publicly held Bitcoin, but at that time, hardly anyone in the crypto community stood up to counter Gensler's policies. "If you don't participate in politics, politics will come after you."
Bitcoin will be incorporated into the US strategy because China does not like it!
Vance further emphasized: "Bitcoin will become a strategic asset for the United States."
He cited the plan of David Sacks, a staff member of the Trump administration, mentioning that the establishment of a "Bitcoin Strategic Reserve" is part of national security.
"China (PRC) hates Bitcoin, so we should embrace it even more. Because we don't want to lose in the international competition 10 years from now."
AI and Bitcoin are inseparable, and both need to be jointly supervised in their development.
Finally, Vance reminds everyone that we cannot only focus on the development of the coin circle, but also pay attention to AI: "This is a critical moment for AI; it is not just a technological battle between the left and the right, but it is about the future development direction of the entire United States."
He encourages the encryption community to also participate in discussions and formulation of AI policies: "We need to involve Bitcoin in the AI dialogue to ensure that AI does not harm freedom and innovation."
Pressure must not stop, only freedom will win.
JD Vance finally shouted to the audience: "We have done a lot, but it is not enough. We need you to keep the pressure on, keep participating, and help us defend freedom and innovation, not just for the crypto world, but for the whole of America."
This article talks about the Trump administration strongly supporting the coin circle! Vice President JD Vance personally takes the front line: We want to make America a Bitcoin superpower. Originally appeared in Chain News ABMedia.