US Vice President: BTC is a strategically important asset for the United States in the next decade

Compiled by Deng Tong, Golden Finance

U.S. Vice President JD Vance attended the Bitcoin 2025 conference and delivered a keynote speech. In 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, emphasizing the Trump administration's close ties with this financially strong industry that has become a powerful force in Washington.

He urged cryptocurrency executives and enthusiasts to continue to pressure Congress to pass legislation supporting cryptocurrencies supported by the White House.

Vance praised the cryptocurrency industry’s ability to organize and influence U.S. politics during last year’s election, and singled out Cameron and Tyler Winklevoss, the billionaire founders of cryptocurrency exchange Gemini.

“You chose to speak up, you chose to get involved, and I believe you changed the trajectory of our country because of it,” Vance said.

Vice President JD Vance delivers the keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada.

Cryptocurrency is changing America

Vance described cryptocurrency as a "true bottom-up innovation" that has improved the "well-being of tens of millions of my fellow citizens." Vance said in his speech: "We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens. But if we don't establish clear regulatory systems now, we risk driving this $3 trillion industry overseas to find a friendly jurisdiction."

Bitcoin will become a strategically important asset for the United States in the next decade. Vance praised cryptocurrencies as a hedge against bad policymaking in Washington, a hedge against inflation, and "a hedge against the growing willingness of the private sector to discriminate against consumers based on their fundamental beliefs, including political views," citing those who have been "de-banked" for "supporting the Second Amendment or having ties to the first Trump administration." Vance said cryptocurrencies can help conservative populists protect themselves from bad politicians, overly aggressive regulators, and unethical elites. He predicted that cryptocurrencies will continue to integrate into the financial mainstream and said it is strategically important for the United States to become a global leader in the industry. Vance praised Trump for delivering on his commitment to the crypto industry. Vance called Bitcoin a "movement" and promised that the Trump administration would promote digital assets rather than weaponize federal regulations against them. "I am here today to say it loud and clear: Under President Trump, cryptocurrency finally has a champion and an ally in the White House."

Vance believes a regulatory framework is necessary to fully integrate cryptocurrency into the mainstream U.S. economy and prevent future administrations from undoing the Trump administration's crypto-friendly policies.

"I hope our party stays in office for a long time, but nothing is absolute in politics. Therefore, the best way to ensure that cryptocurrency becomes part of the mainstream economy is to pass a market structure bill that will support, rather than restrict, the extraordinary value that Bitcoin and other digital assets represent,"

Vance also praised the Trump administration's record of fulfilling last year's campaign promises.

As president, Trump established a strategic Bitcoin reserve for the federal government and pardoned Ross Ulbricht, the founder of the black market site Silk Road, which was critical to the early development of Bitcoin. Trump has also used outspoken cryptocurrency supporters to bolster his administration while revoking or suspending multiple enforcement actions against major cryptocurrency companies.

Vance criticized the Biden administration's approach to cryptocurrency regulation, calling it "death by a thousand enforcement actions," 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 to "clean up the mess the Biden administration left us." "'Operation Stranglehold 2.0' has failed and will not happen again under the Trump administration."

Vance urged the passage of bipartisan legislation called the Guiding and Establishing a National Innovation for Stablecoins in the United States (GENIUS) Act, which he said would greatly expand the use of stablecoins as a digital payment system, protect stablecoin holders and further increase market transparency.

“In this administration’s view, we do not believe that stablecoins threaten the integrity of the dollar,” Vance said. “Quite the contrary.”

Vance said at the meeting that he personally holds a “significant amount” of Bitcoin, with disclosed assets valued at between $250,000 and $500,000.

Vance asks crypto users to pay attention to AI

Vance also asked crypto users to pay attention to the development of artificial intelligence.

"Remember, what happens in the field of AI will have a big impact on Bitcoin, for good or bad, and of course, what happens in Bitcoin will also have a big impact on AI." "I don't want the United States to be negatively affected by what's happening in the field of AI, and the best way to make sure that smart people are involved in the AI ​​conversation is to make sure Bitcoin is part of the AI ​​conversation."

Source: Reuters, CoinDesk, CoinTelegraph, WDHN, Cleveland, etc.