Vance Urges Crypto Community to Engage Politically for Industry Protection

Generated by AI AgentCoin World
Wednesday, May 28, 2025 3:54 pm ET1min read

U.S. Vice President J.D.

delivered a compelling message to the crypto community, emphasizing the critical need for political engagement to safeguard the industry. Speaking at a Bitcoin event in Las Vegas, Vance underscored that cryptocurrency, particularly Bitcoin, serves as a hedge against poor policies, inflation, and limited access to traditional financial services. He urged the community to remain politically active, stating that every victory in the crypto space is provisional and requires constant support through political involvement.

Vance highlighted the strategic role of Bitcoin under the Trump administration, noting that the administration would swiftly implement a regulatory framework for tokens tied to the dollar. He also emphasized the importance of creating a supportive environment for digital assets, ensuring they are recognized as part of the mainstream economy. Vance's remarks underscored the administration's commitment to protecting the crypto industry from overly aggressive regulators and unethical practices.

Vance also spotlighted the strategic role Bitcoin could play in national policy, citing the launch of a government-backed Bitcoin Reserve under President Donald Trump. He stated that Bitcoin is owned by about 50 million Americans and that the U.S. government should start to put in motion the strategic importance of Bitcoin. Pointing to China’s anti-Bitcoin stance, Vance argued the U.S. should take the opposite approach, stating that if China is leaning away from Bitcoin, then the United States ought to be leaning into Bitcoin.

The Vice President's message was clear: the crypto community must stay engaged in politics to protect its interests. He encouraged attendees to view their victories as temporary and to continue advocating for the industry. Vance's speech at the Las Vegas Bitcoin event was a call to action, urging crypto owners to remain vigilant and politically active to ensure the long-term success and protection of the industry. He credited the community’s growing activism with influencing national direction and encouraged attendees to “carry it forward to 2026 and beyond.”