Bitcoin Will Be 'Strategically Important Asset' for US, Says JD Vance
Vice President JD Vance addressed the Bitcoin 2025 conference in Las Vegas, emphasizing the administration's support for the digital assets community. He expressed gratitude to Bitcoin supporters for their role in his and Trump's political journey. Vance highlighted the administration's commitment to recognizing the potential of digital assets as symbols of personal liberty and economic growth. He criticized the Biden administration for hindering crypto progress and outlined steps to eliminate regulatory barriers. Vance mentioned the need for a pro-growth legal framework for stablecoins and a transparent regulatory approach for digital assets. He asserted that crypto serves as a hedge against poor policymaking and inflation. Vance's connection to the crypto ecosystem predates his vice presidency, and he aims to position Bitcoin as a strategically important asset for the U.S. government. Bitcoin's current trading value is $107,660, reflecting a slight decline in the last 24 hours.
