Vice President JD Vance addressed a crowd of thousands at the Bitcoin 2025 Conference in Las Vegas, framing the event as more than a gathering—it’s "a movement." His keynote emphasized the Trump administration’s commitment to fostering cryptocurrency innovation in the U.S.
Highlights from Vance’s Keynote Address
Speaking at the Venetian Convention Center, Vance outlined the administration’s three-step plan to support the crypto industry:
Ending Regulatory Weaponization
- Vance criticized the Biden administration’s enforcement-heavy approach.
- "We reject regulators who stifle innovation," he declared, citing Gary Gensler’s removal as SEC chair.
Passing the GENIUS Act
- This bipartisan bill aims to regulate stablecoins, reducing uncertainty that drove businesses overseas.
- "Stablecoins will become a mainstream payment system," Vance predicted.
Creating a Pro-Innovation Framework
- The administration plans to integrate crypto into the economy with clear, innovation-friendly rules.
👉 Why Bitcoin’s Surge Past $100K Matters for Investors
Bitcoin Hits Record High Amid Political Support
The conference coincided with bitcoin’s historic rise above $108,000—a milestone highlighted by BTC Inc. CEO David Bailey. Vance, a self-described crypto holder, joked about checking prices that morning.
The Trump administration’s pro-crypto stance was further underscored by Trump Media’s $2.5B bitcoin treasury plan, announced just a day earlier. CEO Devin Nunes called it a defense against "financial harassment."
Attendee Perspectives: From Early Adopters to Newcomers
The Canadians: Kelly and April Weibe
- Kelly mined bitcoin early using a graphics card.
- "Vance’s message on freedom resonates," he said.
The Detroit Couple: Meshawn and Matthew Maddock
- Invested $5K in 2017 after their daughter’s tip.
- "A fabulous investment—money we could afford to lose," Meshawn admitted.
The Skeptic: Anthony Tait
- A Las Vegas local who missed Vance’s speech.
- "Politicians ride the wave; they don’t truly care about crypto."
👉 How Stablecoins Could Reshape Digital Payments
FAQ Section
Q: What’s the GENIUS Act?
A: A bipartisan bill to regulate stablecoins, boosting their use in payments.
Q: Why did Vance criticize Gary Gensler?
A: Gensler’s SEC was seen as hostile to crypto; Trump replaced him.
Q: How high is bitcoin now?
A: Over $108K—a record high.
Q: Is Trump Media really buying bitcoin?
A: Yes, $2.5B to create a corporate treasury.
Final note: The event drew 35,000+ attendees, signaling crypto’s growing political and economic clout.