“If China fears Bitcoin, maybe America should embrace it.”

That was the bold message from US Vice President JD Vance at the Bitcoin 2025 Conference in Las Vegas, where he called on the US to lean into digital assets — especially Bitcoin — as a geopolitical tool and economic engine, while aligning the Trump administration with the crypto world more explicitly than ever before.

“The People’s Republic of China doesn’t like Bitcoin. Well, we should be asking ourselves, why is that?” Vance asked. “If the Communist Republic of China is leaning away from Bitcoin, then maybe the United States ought to be leaning into it.”

Vance declared that Bitcoin and other digital assets are “here to stay”, adding:

“Crypto is a hedge against bad policy making from Washington, no matter what party’s in control. It’s a hedge against skyrocketing inflation, which has eroded the real savings of Americans over the last four years.”

A White House Fully Aligned with Crypto

At the same event, Vance made it official: Trump’s White House now considers itself crypto’s political home.

“I’m here today to say loud and clear, with President Trump, crypto finally has a champion and an ally in the White House.”

The vice president praised Trump’s executive order from March, which established a strategic Bitcoin reserve using assets already owned by the US government. He also highlighted recent deregulation moves, including firing SEC Chair Gary Gensler, long seen as a crypto critic.

“We rejected regulators. Maybe the most important thing we did for this community — we fired Gary Gensler.”

Legislative Agenda: GENIUS Act & Stablecoins

Vance used his platform to push for Congress to pass the GENIUS Act, a bipartisan bill that would provide a federal regulatory framework for stablecoins, cryptocurrencies pegged to assets like the US dollar.

“We do not think that stablecoins threaten the integrity of the US dollar — quite the opposite. We view them as a force multiplier of our economic might.”

The Senate recently advanced the GENIUS Act by a 66–22 vote, with support from 16 Democrats.

If passed, it would become the first-ever piece of crypto legislation in US history.

“Once the GENIUS Act is enacted, it’s poised to vastly expand the use of stablecoins as a digital payment system for millions of our fellow Americans.”

Crypto as Political Force — and Funding Machine

Vance urged the crypto community not to retreat from politics but to double down ahead of 2026.

“Unless you guys get involved in politics, politics is going to ignore this industry.”

“Take the momentum of your political involvement in 2024 and carry it forward to 2026 and beyond.”

Crypto donors were crucial to Trump’s 2024 victory, with the industry spending nearly $250 million backing pro-crypto candidates — more than any other sector.

“You chose to speak up, and you chose to get involved, and I believe you changed the direct trajectory of our country because of it.”

Criticism Over Trump Family’s Crypto Ties

Vance’s speech followed mounting criticism that Trump’s pro-crypto stance may be motivated by personal gain. The Trump family is deeply involved in crypto, including:

Vance responded indirectly to critics:

“Crypto is a hedge against the private sector that’s increasingly willing to discriminate against consumers on the basis of their beliefs, including their politics.”

Crypto Adoption Still Lagging

While Vance touted the potential of crypto to “expand access to banking” and disrupt traditional finance, data shows adoption remains modest:

  • 17% of US adults have ever used crypto
  • 7–8% used it in the past year (Federal Reserve, 2024)
  • 14% currently own Bitcoin (industry survey)
  • By comparison, 26% of Americans hold stocks, and 60% have retirement accounts

Still, Vance argued the sector is moving fast, and the government must catch up:

“If we fail to create regulatory clarity now, we risk chasing this $3 trillion industry offshore in search of a clear jurisdiction.”

A Partisan Divide in Tech?

Vance ended on a cultural note, observing how political ideology now splits tech loyalty:

“Very smart right-wing people in tech tend to be attracted to Bitcoin and crypto. Very smart left-wing people tend to be attracted to artificial intelligence.”

With tens of thousands in attendance, Vance’s message was clear: crypto now has a seat at the highest table of American politics, and the Trump administration intends to be its fiercest advocate — and most visible investor.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: 

Appeals Court Reinstates Trump’s Tariffs – Legal Battle Heats Up

Trump orders US chip designers to stop selling to China

US Consumer Confidence Soars in May Amid Hopes for Trade Peace

Tesla Sales Crash 49% in Europe Despite EV Boom

Trump Threatens 25% Tariff on Apple as Foxconn Invests $1.5B in India