There’s a new sheriff in town—or at least that’s how Vice President JD Vance framed it from the main stage at Bitcoin 2025 in Las Vegas. In a packed ballroom at The Venetian, the Republican VP laid out the clearest message yet from the Trump administration: the days of what he called “regulatory harassment” are over.
“Operation Choke Point 2.0 is dead,” Vance announced to roaring applause. “Let my words serve as its obituary.”
https://twitter.com/VP/status/1927759955890753650?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow
JD Vance became the first U.S. vice president to address a crypto-focused crowd—and used the platform to rip into SEC overreach, elevate blockchain to national priority status, and make it clear: the White House is backing Bitcoin, not backing off.
“We reject regulators, and we fired Gary Gensler,” he said, hammering the very agency that’s spent the last four years tangling with Coinbase, Ripple, Uniswap, and just about every major protocol with a legal team.
Vance framed crypto as the backbone of a new economic agenda. From supply chains to digital transparency, he highlighted blockchain’s expanding reach. But the sharpest moment came when he cited Canada’s financial crackdown during the trucker protests as a warning of centralized control. “Crypto is good for bad policy,” he said, “regardless of who’s in power.”
But perhaps the most significant takeaway was the push for the GENESIS Act, new legislation aimed at defining digital asset protections and freeing up crypto innovation across the U.S.
“We’re trying to get the GENESIS Act passed and pushed as fast as possible,” Vance said.
Whether Vance’s support translates into lasting policy remains to be seen. There’s no denying crypto played a powerful role in the 2024 election, and his appearance felt as much about political calculus as conviction.
If the money keeps flowing, expect Republicans to keep showing up.
EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress
Join The 99Bitcoins News Discord Here For The Latest Market Updates
The post JD Vance Declares War on Anti-Crypto Bureaucracy at Bitcoin 2025 appeared first on 99Bitcoins.
In a sudden turn of events, non-fungible token giant Yuga Labs has lost a $9…
TL;DR: Upgrade your PC for just A$23 with a Microsoft Windows 11 Pro license, on…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas…
Key Takeaways PUMP is down more than 50% since its pre-sale, as the meme coin…
“Elon definitely snapped,” Jamel Bullock says, conveying a compliment of high praise, a cultural colloquialism.…
MARA Holdings announced plans to issue $850 million in zero-coupon convertible notes due 2032, with…