Vance to Crypto Industry, as He Touts Trump Administration's Record: Stay Involved
The Trump family holds about a 60% stake in World Liberty Financial, a crypto project that recently launched its own stablecoin.
WASHINGTON, May 28, 2025 – Vice President JD Vance praised the cryptocurrency industry Wednesday and urged it to remain active in U.S. politics and policymaking, highlighting the Trump administration’s close ties to a deep-pocketed industry that’s become a powerful force in Washington.
Speaking at a bitcoin conference in Las Vegas, Vance urged the crypto executives and enthusiasts to keep pressure on Congress to pass pro-crypto legislation supported by the White House.
“We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens,” Vance said in his address. “But if we fail to create regulatory clarity now, we risk chasing this $3 trillion industry offshore in search of a friendly jurisdiction.”
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