Las Vegas, Nevada-Establish a clear regulatory framework and pro-initiation for the cryptographic industry through a market structure bill is a priority for the administration of the president of the United States, Donald Trump, Vice President JD Vance, said Wednesday.
Speaking to a massive crowd in Bitcoin 2025 in Las Vegas, Vance said that a regulatory framework is necessary to completely incorporate cryptocurrency into the conventional American economy, as well as to prevent future governments from moving back the crypthetic policies of the Trump administration.
“I hope our party is in charge for a long time, but nothing is never guaranteed in politics. Therefore, the best way to ensure that cryptography is part of the conventional economy is through a draft law of market structure that defends and does not restrict the extraordinary value that Bitcoin and other digital assets represent,” Vance said in the event, that the organizers told about 35,000 attendees. “We have a unique opportunity in the generation of unleashing innovation and using it to improve the lives of innumerable US citizens, but if we do not create regulatory clarity now, we risk pursuing this industry of $ 3 billion in the high seas in search of a more friendly jurisdiction, and President Trump struggles to fight to ensure that this does not happen.”
Vance said that the Trump administration is hope that the Genius Law, the Senate Stablecoin bill, will soon reach the president’s desk, allowing Congress to direct his attention to a market structure bill.
He also said that the administration continues to work to “clean the remains that the [Biden] The administration left us “, including the so -called” execution regulation “approach of cryptography practiced by the United States Stock Exchange and Securities Commission (SEC) under the then Gary Gensler armchair, and the generalized debate of cryptographic companies, called by the industry as Operation Chokepoint 2.0.
“Operation Chokepoint 2.0 is dead and will not return under the Trump administration,” Vance said. “We reject the death legacy of the Biden administration for thousands of application shares … we say goodbye to Gary Gensler, and we are going to fire everyone like him,” he added, although Gensler resigned the day Trump swore
Vance thanked the cryptographic industry, including Tyler and Cameron Winklevos and Gemini Coinbase, for his early support for Trump’s campaign, attributing part of his success, as well as the successful elections of other friendly politicians with cryptographic such as Senator Bernie Moreno (R-Ohio), to the political support of the cryptomision.
“Take the impulse of your political participation in 2024 and continue around 2026 and beyond,” Vance said.
In addition to urging the industry to remain involved in American politics, Vance asked Bitcoinists to keep aware of the developments in artificial intelligence (AI).
“Remember that what happens in AI will affect a lot, in a good and bad way, which happens to Bitcoin and, of course, what happens to Bitcoin will greatly affect what happens in AI,” Vance said, adding: he added:
“Be sure to keep the eyelashes and stay involved in what happens in artificial intelligence. I do not want the United States to be negatively affected by what is happening in AI, and the best way to ensure that intelligent people are in the conversation of AI is to ensure that Bitcoin is part of the artificial intelligence conversation.”
