LAS VEGAS, Nevada — Trump Administration Prioritizes Pro-Innovation Regulatory Framework for Crypto Industry
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 said Wednesday.
Promoting Regulatory Clarity for Mainstream Adoption
Speaking at Bitcoin 2025 in Las Vegas, Vance emphasized the importance of a regulatory framework to fully incorporate cryptocurrency into the mainstream U.S. economy. He highlighted the need to prevent future governments from rolling back the current administration’s crypto-friendly policies.
A Once-in-a-Generation Opportunity for Innovation
Vance addressed the crowd of about 35,000 attendees, stressing the significance of a market structure bill in championing the value of bitcoin and other digital assets. He expressed concern that without regulatory clarity, the $3 trillion industry could move offshore to more favorable jurisdictions.
Legislative Developments and Industry Support
Vance mentioned the administration’s optimism regarding the GENIUS Act and the Senate’s stablecoin bill, anticipating their passage to pave the way for a market structure bill. He also commended the crypto industry for its early support of Trump’s campaign, attributing political success to industry backing.
Combatting Regulatory Challenges
Addressing regulatory challenges left by the previous administration, Vance vowed to eliminate the “regulation by enforcement” approach and put an end to debanking of crypto companies. He assured the industry that Operation Chokepoint 2.0 is no longer a threat under the Trump administration.
Looking Ahead: Industry Engagement and AI Integration
Encouraging continued involvement in U.S. politics, Vance urged the crypto industry to stay informed about developments in artificial intelligence (AI). He emphasized the interconnectedness of AI and bitcoin, highlighting the need for industry participation in shaping the future of both technologies.