Vice-president JD Vance addressed a crowd of 35,000 people at the Bitcoin 2025 conference in Las Vegas, saying that digital currency is there to stay and that the Trump administration will continue to support the cryptography industry.
Vance, who was a speaker of honor of the event, stressed that digital assets are not only financial tools but symbols of personal freedom.
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Vice-president Vance told the Bitcoin conference that the crypto is “here to stay”
“Our administration, we deprive the elimination of the rules, paperwork and the law that we have seen in Crypto by our predecessors,” said Vance.
The vice-president also approved the law on engineering law, a law proposed to stimulate innovation and protect the role of the US dollar in the world economy.
“We want our American compatriots to know that cryptographic and digital assets, and in particular Bitcoin, are part of the consumer economy and are there to stay,” said Vance.
Bitcoin is currently underway, trading at around $ 107,000 on Wednesday, just less from its summit of almost $ 112,000. These gains were fed by growing investments and the support of American decision -makers.
“But if we are not creating a regulatory clarity now, we risk chasing this industry of 3 dollars in offshore in search of a more friendly jurisdiction, and President Trump will fight to make sure that this does not happen,” said Vance.
Crypto enthusiasts from across the country have gathered at the Venetian Resort for the conference, which is one of the largest cryptography gatherings in the world.
Jason Shephard, an investor who traveled from San Francisco, has experienced significant yields on his investment.
“I have tripled my money in the past year,” said Shephard.
Shephard noted that industry has evolved since it has been interested in interest.
“I was interested in the first time in 2017 when he increased a little,” said Shephard.
“I would say that it is better that a few years ago,” said Shephard.
Other companies from Las Vegas sur and outside the strip have adopted cryptocurrency payments, the D Hotel & Casino and the Golden Gate Downtown being among the first to do so.
Bo Ginn, vice-president of commercial operations of the Bitcoin mining technology company, based in Las Vegas, sees a brilliant future for industry.
“This thing has grown over the years, and we expect it to continue to grow,” said Ginn.
Ginn has expressed its optimism as to the Washington DC crypto prospects
“We really have the impression that we have the ears of the people of Washington, DC, as well as in the United States. We are here to do business the right way,” said Ginn.
Vance also encouraged participants to remain politically active, describing the event as “more than a conference and rather a movement”. The Bitcoin 2025 conference is expected to end on Thursday.
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