LAS VEGAS, Nevada — Establishing a clear and pro-innovation regulatory framework for the crypto industry via a market structure bill is a priority for U.S. President Donald Trump’s administration, Vice President J.D. Vance emphasized during a recent address at Bitcoin 2025 in Las Vegas.
Vance highlighted the necessity of implementing a robust regulatory framework to integrate cryptocurrency into the mainstream U.S. economy fully. His remarks underscored the critical nature of ensuring that future administrations do not reverse the Trump administration’s crypto-friendly policies.
“I hope that our party remains in charge for an extended period, but nothing is ever guaranteed in politics,” Vance stated. He recommends that the best strategy to secure cryptocurrency’s place in the U.S. economy is through a market structure bill that recognizes and promotes the exceptional value of bitcoin and other digital assets. “We have a once-in-a-generation opportunity to unleash innovation that can significantly improve the lives of countless American citizens,” he added. Vance warned that without regulatory clarity, the risk of losing this $3 trillion industry to more favorable jurisdictions looms large. “President Trump is committed to preventing that from happening.”
The administration expressed optimism regarding the GENIUS Act, a Senate bill addressing stablecoins, hoping it will soon reach the President’s desk. This would allow Congress to shift focus toward developing a comprehensive market structure bill.
In addressing current challenges, Vance remarked on the efforts to rectify the legacy of the previous administration, particularly the “regulation by enforcement” approach utilized by the U.S. Securities and Exchange Commission (SEC) under former Chair Gary Gensler. He highlighted the widespread debanking of crypto companies, referred to as Operation Chokepoint 2.0.
“Operation Chokepoint 2.0 is no longer a concern under the Trump administration,” Vance asserted. “We reject the Biden administration’s approach of shunting innovation through enforcement actions. Gensler has resigned, and we are committed to moving forward without such obstructionists.”
Vance expressed gratitude to the crypto industry, acknowledging significant support from key figures like Tyler and Cameron Winklevoss of Gemini, as well as Coinbase, during Trump’s campaign. He credited this cooperation for not only Trump’s electoral success but also the rise of other crypto-friendly politicians like Senator Bernie Moreno (R-Ohio).
“Use this momentum from your political involvement in 2024 to propel forward into 2026 and beyond,” Vance urged attendees.
In addition to staying politically active, Vance called upon the cryptocurrency community to monitor advancements in artificial intelligence (AI). He warned, “What unfolds in AI will significantly influence the future of bitcoin, and vice versa.”
“Be proactive in understanding and engaging with the developments happening in artificial intelligence. We must ensure that America remains positively impacted by the advancements in AI, and the best way to achieve this is by integrating Bitcoin into the broader AI conversation,” Vance concluded.
