Las Vegas, Nevada-establishing a clear and pro-innovation regulatory framework for cryptographic industry via a market structure bill is a priority for the administration of US President Donald Trump, said Vice-President JD Vance on Wednesday.
Addressing a massive crowd at Bitcoin 2025 in Las Vegas, Vance said that a regulatory framework was necessary to fully integrate cryptocurrency into the traditional American economy, as well as to prevent future governments from retreating the Cryptographic Policies of the Trump administration.
“I hope that our party is in charge for a long time, but nothing is ever guaranteed in politics. So the best way to ensure that the crypto is part of the consumer economy is by a bill on the market structure that champions and does not restrict the extraordinary value that Bitcoin and other digital assets represent” vance during the event, that the organizers declared DREW to around 35,000 participants. “We have a unique opportunity to release innovation and use it to improve the life of countless American citizens, but if we do not create regulatory clarity now, we risk chasing this 3 -double industry off the search for a more friendly jurisdiction, and President Trump will fight to fight to make sure that this does not happen.”
Vance said that the Trump administration hopes that the law on engineering, the Senate stable bill, will soon release the president’s office, allowing Congress to turn to a market structure bill.
He also declared that the administration continues to work to “clean the wreckage that the administration (Biden) has left us”, including the so-called “application by application” approach to the crypto committed by the American Commission for Securities and Exchange (SEC) under Gary Gensler, to the operation, and the widespread manifestile of Crypto companies, nicknamed by industry as an operation Chokepoint 2.0.
“Operation ChokePoint 2.0 is dead and does not come back under the Trump administration,” said Vance. “We reject the legacy inheritance of the Biden administration by a thousand law implementation actions … We have dismissed Gary Gensler, and we are going to draw everyone like him,” he added, although Gensler has resigned the day Trump tightened in
Vance thanked the cryptographic industry, including Tyler and Cameron Winklevoss and Coinbase of Gemini, for their first support for Trump’s campaign, attributing part of his success – as well as the successful elections of other convivial politicians such as Senator Bernie Moreno (R -Ohio) – in political support for crypto industry.
“Take the momentum of your political involvement in 2024 and advance it in 2026 and beyond,” said Vance.
In addition to exhorting the industry to remain involved in American policy, Vance asked Bitcoins to keep up to date with the developments of artificial intelligence (AI).
“Do not forget that what is happening in AI will affect a lot, good and bad ways, which happens to Bitcoin and, of course, what happens to Bitcoin will affect what is happening in AI,” said Vance, adding:
“Make sure you keep an eye on and stay involved in what is happening in artificial intelligence. I do not want America to be negatively affected by what is happening in AI, and the best way to guarantee that intelligent people are in AI conversation is to ensure that Bitcoin is part of the conversation of artificial intelligence.”