Vance: Cryptocurrency Will Be at the Economic Core of the Trump Administration

At the Bitcoin 2025 conference in Las Vegas, Trump's deputy Vance took the stage to reiterate the central role of cryptocurrency in Trump's economic agenda. He criticized the Biden administration for its 'overregulation' of the crypto industry, promising to promote industry development through measures such as reducing red tape and expanding public access to digital assets.

Vance also attended a high-end fundraising event hosted by Mega Inc. this week to raise funds for Trump's Super Political Action Committee (Super PAC), with ticket prices starting at $1 million, although the specific amount raised has not been disclosed.

Meanwhile, the U.S. Congress is accelerating the advancement of the stablecoin and market structure bill, with Congressman Tom Emmer and Senator Bill Hagerty expressing confidence in passing the legislation before the August recess, laying the policy groundwork for institutional entry. Bitcoin has risen 61% since Trump's speech last year, and the market continues to maintain high expectations for favorable regulation. $BTC