In the bustling heart of Las Vegas, Vice President J.D. Vance made a bold proclamation at the Bitcoin 2025 conference, asserting that the Trump administration is prioritizing a clear regulatory framework for cryptocurrencies. The event, which attracted a staggering 35,000 attendees, served as a platform for Vance to emphasize the administration’s commitment to integrating digital currencies into the mainstream U.S. economy while safeguarding against potential policy reversals by future administrations.
A Vision for the Future
Vance’s message was clear: the establishment of a market structure bill is essential to cement the role of cryptocurrencies like bitcoin in the American financial landscape. “We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens,” he stated, underscoring the urgency of creating regulatory clarity to prevent the $3 trillion industry from seeking refuge in more crypto-friendly jurisdictions. As explored in Trump’s Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion, the administration’s efforts are part of a broader strategy to expedite crypto legislation.
The Trump administration is hopeful that Congress will soon pass the GENIUS Act, the Senate’s stablecoin bill, which would pave the way for more comprehensive legislation. Vance’s rhetoric was not just about policy but also about rectifying what he described as the “wreckage” left by the previous administration, specifically targeting the SEC’s “regulation by enforcement” approach under former Chair Gary Gensler.
Cleaning Up and Moving Forward
“Operation Chokepoint 2.0 is dead and it’s not coming back under the Trump administration,” Vance declared, referring to the previous administration’s tactics that led to the debanking of crypto companies. The Trump team, according to Vance, is determined to dismantle any remnants of what they see as a hostile regulatory environment for digital assets. He credited the crypto industry’s backing for the political successes of pro-crypto figures like Sen. Bernie Moreno, emphasizing the importance of continued political engagement beyond the 2024 elections.
Vance also took the opportunity to thank industry heavyweights such as Tyler and Cameron Winklevoss of Gemini and Coinbase for their unwavering support of President Trump’s campaign. Their early endorsement, he suggested, was pivotal in fostering a political climate more amenable to cryptocurrency.
The Crossroads of Crypto and AI
Interestingly, Vance didn’t stop at crypto. He urged attendees to keep a watchful eye on the developments within artificial intelligence, suggesting a symbiotic relationship between AI and cryptocurrencies. “Remember that what happens in AI is very much going to affect, in good and bad ways, what happens to bitcoin,” he cautioned. His remarks aimed to rally the crypto community to ensure their voice is part of the broader AI discourse, a move aimed at safeguarding American interests in the rapidly evolving tech landscape.
Looking Ahead
As the Trump administration pushes forward with its pro-crypto agenda, questions linger about the feasibility and timing of these ambitious plans. Can the GENIUS Act and subsequent market structure bill truly reshape the regulatory landscape? And will the industry’s political clout continue to grow in the upcoming elections? For a deeper understanding of the legislative challenges ahead, see U.S. Congress Braces for Intense Debate Over Crypto Legislation This Summer.
The answers remain to be seen, but one thing is clear: the fusion of cryptocurrency and mainstream finance is no longer a distant possibility—it’s a tangible reality unfolding in real time. As the dust settles from this latest announcement, stakeholders across the crypto and financial sectors will be watching closely, ready to adapt and engage with the policy changes on the horizon.
Source
This article is based on: JD Vance Calls Crypto Market Structure Bill a ‘Priority’ for Trump Administration
Further Reading
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- Crypto Coalition Tells SEC Staking Is ‘Essential Good,’ Not a Security
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
