JD Vance Highlights Crypto Market Structure Bill as Trump Administration Priority
At the Bitcoin 2025 event in Las Vegas, Vice President J.D. Vance emphasized the need for a clear regulatory framework for the crypto industry, aiming to integrate cryptocurrency into the U.S. economy and protect it from future political shifts. Key points include:
- The Trump administration prioritizes a market structure bill to support crypto innovation.
- Vance warned against losing the $3 trillion crypto industry to jurisdictions with friendlier regulations.
- The GENIUS Act, focusing on stablecoins, is expected to progress soon.
- The administration aims to reverse the “regulation by enforcement” approach of the previous SEC under Gary Gensler.
- Vance assured that "Operation Chokepoint 2.0" is over.
- He encouraged the crypto community to remain politically active and informed about artificial intelligence developments, linking both fields.
Vance acknowledged the crypto industry's support for Trump's campaign, attributing electoral successes to this backing.