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Vice President JD Vance Delivers Remarks at the Bitcoin 2025 Conference, May 28, 2025

May 28, 2025 · The White House · 0:27:16

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What happened

Vice President JD Vance delivered the keynote at the Bitcoin 2025 conference in Las Vegas, Nevada, on May 28, 2025 — noting that Bitcoin stood at $108,000 when he checked that morning, as he stated the price — after thanking Cameron and Tyler Winklevoss, whom he credited as among the first major Silicon Valley figures to back President Trump publicly, and Coinbase, among the event’s organizers. He argued crypto is “genuine, ground up innovation” and a hedge: “Crypto is a hedge against bad policymaking from Washington… a hedge against skyrocketing inflation… and a hedge against a private sector that’s increasingly willing to discriminate against consumers on the basis of their basic beliefs.” He put current American Bitcoin ownership at, as he stated it, “50 million Americans own Bitcoin, and I believe that’s going to be 100 million before too long.”

He then laid out the administration’s program. First, clean up the prior administration’s record: “Operation Choke Point 2.0 is dead and it’s not coming back under the Trump administration,” and, of the SEC chair, “we fired Gary Gensler and we’re going to fire everybody like him.” Second, build “a clear, pro-innovation legal framework for stablecoins,” working with allies in Congress. The future of the industry, he said, “is going to be decided by the people, by you, not by unelected bureaucrats,” and “with President Trump, crypto finally has a champion and an ally in the White House.”

Why it matters

The Bitcoin 2025 keynote is the administration’s digital-assets manifesto in the Vice President’s own words — the first time a sitting Vice President headlined the industry’s flagship conference — and it names the two deliverables the industry was promised: the end of debanking-by-regulation and a stablecoin statute.

Scoreboard watch

Scoreboard candidates: the pledges Vance stated on May 28, 2025 — Operation Choke Point 2.0 ended, and a clear pro-innovation legal framework for stablecoins to be built with Congress. Flagged for the scoreboard editor; no entry is published from this page.

Sources: The White House, “Vice President JD Vance Delivers Remarks at Bitcoin 2025 Conference” (official upload, embedded above; Las Vegas, NV). Remarks and figures as delivered at the event.