LAS VEGAS — In a bold address that energized the cryptocurrency community, Vice President JD Vance declared Wednesday that digital assets have finally found an ally in the White House. Speaking at the Bitcoin 2025 Conference, Vance positioned the Trump administration as the defender and promoter of crypto innovation, a sharp departure from what he characterized as years of Democratic hostility.
A Clear Shift from the Past
Taking the stage at the Venetian Convention Center in Las Vegas, Vance wasted no time drawing a line between the Trump administration’s stance and that of previous Democratic leadership.
“There’s a new sheriff in town because, after four years of mistreatment and outright hostility led by Democrat regulators, lawmakers in this country have a choice,” he said. “Will we lead our nation into a future of financial sovereignty, of innovation and of prosperity, or will we let unelected bureaucrats and foreign competitors write the rules for us?”
Vance’s remarks were met with applause from an audience increasingly anxious about crypto’s uncertain regulatory future.
Trump’s Administration ‘Gets It,’ Says Vance
Vance made it clear that the Trump White House doesn’t just tolerate cryptocurrency, it sees it as vital to the American future.
“I’m here today to say loud and clear: with President Trump, crypto finally has a champion and an ally in the White House. And our administration, we understand the full potential of the digital assets industry, not just as an investment, not just as a flashy technology, but as a symbol and driver of personal liberty for all our citizens,” he said.
This declaration marks the most direct endorsement of cryptocurrency from any sitting administration to date.
Operation Choke Point 2.0? “It’s Dead,” Vance Proclaims
One of the most striking lines in Vance’s speech came when he slammed regulatory crackdowns under the Biden administration.
“Operation Choke Point 2.0 is dead, and it’s not coming back,” he said, referring to what crypto proponents see as coordinated efforts to restrict access to banking services for the digital asset sector.
This line received some of the loudest cheers of the morning, signaling a shared frustration among attendees.
A Tool for Financial Freedom, Not Control
Vance also pushed back against those who view cryptocurrency as a threat to government oversight or societal stability.
“I see crypto as a hedge against the most dangerous trends in the digital era, and both the public and private sectors,” Vance said.
“And that’s of elites who, rather than innovate themselves, prefer to simply take over and co-opt cutting-edge technologies to assert their control over other people.”
By framing cryptocurrency as a safeguard against digital authoritarianism, Vance appealed to both the libertarian roots of the crypto movement and growing concerns about centralized power in tech and finance.
A Legislative Path Forward
The vice president didn’t just offer support in rhetoric, he pointed toward concrete policy goals.
“We’re optimistic that the Senate is able to move quickly on passing a clean GENIUS Act and for the House to follow up and do the same. And of course, once that happens, our great President Trump will sign it into law the minute it comes across his desk,” Vance said.
While he offered no specifics on the GENIUS Act during his remarks, the pledge signals intent for legislative action that could reshape how digital assets are regulated.
A Historic Moment for Bitcoin Enthusiasts
Vance’s speech marks the first time a sitting U.S. vice president has addressed the annual Bitcoin conference and it’s a moment that won’t soon be forgotten by those in attendance.
His appearance, tone, and message sent a resounding signal: the Trump administration is aligning itself squarely with the future of digital finance.
Whether this approach wins favor with swing voters or Capitol Hill remains to be seen. But one thing is certain, the 2025 Bitcoin Conference just became a landmark moment in the evolving story of crypto in America.
