JD Vance Prioritises Crypto Market Structure Bill for Trump Administration
Vice President J.D. Vance has labelled the establishment of a pro-innovation crypto market structure bill as essential for the Trump administration. At Bitcoin 2025, he discussed the need for clear regulations to safeguard crypto’s future and prevent the industry from moving overseas. He also highlighted ongoing measures to overturn past administration policies, especially those from the SEC. Vance encouraged ongoing participation in politics and staying informed about AI developments.
U.S. Vice President J.D. Vance has declared that creating a robust and innovation-friendly regulatory framework for the cryptocurrency sector is a top priority for President Donald Trump’s administration. Speaking at the Bitcoin 2025 conference held in Las Vegas, Vance emphasized the need for clear regulations to integrate cryptocurrencies into the mainstream economy while protecting these policies from potential future changes by other administrations.
During his address, Vance said, “Our party needs to ensure that crypto remains part of the mainstream economy, and this market structure bill is essential. We’re looking at a unique chance to unleash innovation that could benefit countless Americans. However, without regulatory clarity, we risk losing this thriving $3 trillion industry to countries with more welcoming regulations.” The conference reportedly attracted around 35,000 participants.
Vance mentioned the administration’s optimism regarding the GENIUS Act, which addresses stablecoins, hoping it would soon reach the president for signature so Congress could shift focus to the market structure bill. He also highlighted the ongoing effort to rectify the damage done by what he termed the “Biden administration’s” regulatory measures, particularly the SEC’s strict enforcement policies directed by former Chair Gary Gensler.
“Operation Chokepoint 2.0 is not going to continue under us,” Vance asserted, dismissing the previous administration’s enforcement-heavy approach, which many crypto firms have criticized. He pointedly remarked, “We rejected that model of governance, and if you’re like Gary Gensler, you’re out!” Interestingly, Gensler’s resignation coincided with Trump’s inauguration.
In his remarks, Vance expressed gratitude to key figures in the crypto space, like the Winklevoss twins and Coinbase, for their support, suggesting their backing has significantly helped the campaign’s progress and that of other crypto-friendly candidates, including Senator Bernie Moreno from Ohio. He encouraged attendees to channel their electoral momentum into future political activities.
Looking ahead, he signaled the importance of remaining engaged not just in cryptocurrency but also in artificial intelligence developments. “AI’s trajectory will significantly influence what happens to Bitcoin and vice versa. It’s vital we maintain a presence in these discussions to steer the narrative and mitigate negative impacts on America,” Vance said, urging participants to stay informed and involved in AI.
Cheyenne Ligon, a reporter at CoinDesk focusing on crypto regulation and crime, hails from Houston, Texas, and holds a political science degree from Tulane University. She graduated from CUNY’s Craig Newmark Graduate School of Journalism in December 2021, concentrating on business and economic reporting. Ligon does not own notable crypto assets.
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