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JD Vance Launches Assault on Anti-Crypto Bureaucracy at Bitcoin 2025

May 29, 2025

A new leader is making waves—or at least that’s how Vice President JD Vance presented it from the central platform at BTC 2025 in Las Vegas. In a crowded ballroom at The Venetian, the Republican VP delivered the clearest statement yet from the Trump administration: the era of what he referred to as “regulatory harassment” has come to an end.

Operation Choke Point 2.0 is finished,” Vance declared to enthusiastic applause. “Consider this its eulogy.”

JD Vance marked the first occasion a U.S. vice president has spoken to a crypto-centric audience—and seized the opportunity to critique SEC overreach, promote blockchain as a national priority, and clarify: the White House is in price floor of Bitcoin, not retreating.

“We dismiss regulators, and we’ve terminated Gary Gensler,” he asserted, targeting the very agency that’s spent the past four years entangled with Coinbase, Ripple, Uniswap, and nearly every significant protocol with legal representation.

JD Vance Advocates for GENESIS Act, Signals Trump Administration’s Total Base level for Crypto

Vance positioned crypto as the foundation of a new economic initiative. From token supply chains to digital accountability, he pointed out blockchain’s growing influence. However, the most striking moment arose when he referenced Canada’s financial clampdown during the trucker protests as a cautionary tale of centralized authority. “Crypto is beneficial against harmful policy,” he remarked, “irrespective of who holds power.”

Yet perhaps the most crucial takeaway was the advocacy for the the GENESIS Act, new legislation designed to establish digital asset protections and stimulate crypto innovation nationwide.

“We’re working to get the GENESIS Act approved and enacted as swiftly as possible,” Vance stated.

Whether Vance’s endorsement results in lasting policy changes is yet uncertain. There’s no denying that crypto significantly influenced the 2024 election, and his appearance seemed as much about political strategy as it was about belief.

If the capital continues to flow, anticipate Republicans to maintain their presence.

EXPLORE: XRP Price Surges 11% Following SEC Crypto Unit Hints at XRP ETF Progress

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Key Takeaways

  • Meta is tentatively re-entering the crypto arena, and SUI crypto could be a leading contender
  • Meta is revisiting the field of digital currencies, this time concentrating on stablecoins.

The post JD Vance Declares War on Anti-Crypto Bureaucracy at BTC 2025 appeared first on 99Bitcoins.

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