At the Bitcoin 2025 Conference in Las Vegas, Trump’s allies, including VP J.D. Vance and Donald Jr., voiced strong support for crypto. Vance promised the U.S. would be a “crypto ally,” highlighting Trump’s rollback of Biden-era regulations and opposition to a central bank digital currency (CBDC).
Trump's administration has:
Ended restrictions on crypto in retirement plans.
Launched a federal crypto task force.
Proposed a national digital asset reserve.
Critics raise ethical concerns over Trump’s personal crypto ventures (like his memecoin), but supporters see this as a major win for U.S. crypto innovation. Markets responded positively.