Vance Urges Bitcoin Community to Double Political Engagement for 100 Million Holders

Generated by AI AgentCoin World
Wednesday, May 28, 2025 3:04 pm ET1min read

Vice President

delivered a keynote address at the Bitcoin 2025 conference in Las Vegas, urging the Bitcoin community to deepen their involvement in politics. Vance emphasized the strategic and geopolitical importance of Bitcoin, stating that the U.S. must maintain leadership in the crypto industry to stay competitive in the digital finance era. He advised the audience to carry forward the momentum of their political involvement beyond 2024, asserting that politics will not ignore the Bitcoin community.

Vance highlighted the significant progress made in regulatory matters due to the community's increasing political engagement. He noted that during his first Senate campaign, there was a lack of organized resistance to anti-crypto regulations, but the landscape has since changed. The Vice President predicted that Bitcoin adoption in the United States is poised to double, with the number of American Bitcoin holders expected to surpass 100 million. He framed Bitcoin as a strategic asset crucial for maintaining U.S. global economic leadership and advised the community to focus on political engagement, long-term strategy, and the intersection between Bitcoin and artificial intelligence.

Vance credited the crypto community's political involvement for recent regulatory advancements and urged them to continue this momentum into 2026 and beyond. He emphasized that political pressure is essential to prevent future regulatory overreach. The Vice President also positioned Bitcoin as a long-term geopolitical tool, suggesting that the U.S. should embrace Bitcoin adoption as strategic rivals lean away from it. Vance revealed that the administration is laying the groundwork for a Bitcoin Reserve, developed with input from Trump's AI advisor. He urged the audience to participate in shaping the future of Bitcoin in national economic strategy.

While acknowledging the ideological divide between Bitcoin and AI proponents, Vance argued that the two technologies are deeply intertwined and that regulatory developments in the AI space could impact crypto. The Vice President also highlighted recent policy changes under the Trump administration, including the formal end of "Operation Choke Point 2.0," a regulatory crackdown on crypto businesses. He reaffirmed support for the GENIUS Act, legislation focused on regulating stablecoins, and stated that clear rules will keep the stablecoin sector within the U.S. Vance views stablecoins as a force multiplier of U.S. economic might and advocates for embracing dollar-pegged stablecoins.

Looking ahead, Vance announced that the administration's third major policy objective is to push forward a market structure bill that establishes a tailored and transparent regulatory framework for all digital assets. This bill aims to further integrate digital assets into the U.S. economy. Vance's speech underscored the importance of the crypto community's political engagement in shaping the future of digital assets and ensuring their continued growth and protection.

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