Trump-Vance Admin Goes Full Crypto at Bitcoin 2025

🎤 What Happens in Vegas... Shapes Crypto Policy in DC

This week at Bitcoin 2025 in Las Vegas, Vice President JD Vance took the main stage not just to rally the crypto faithful — but to lay out what may become one of the most consequential U.S. crypto policy shifts in history.

“In this administration, we do not think that stablecoins threaten the integrity of the U.S. dollar. Quite the opposite,” Vance said, addressing a crowd of 35,000 at the Venetian. “We view them as a force multiplier of our economic might.”

Vance’s keynote wasn’t just a philosophical pitch. It was a policy preview.

He reiterated the Trump administration’s support for the GENIUS Act — a bill aimed at establishing a regulatory framework for stablecoins. The legislation just cleared a key procedural vote in the Senate, buoyed by support from 15 Democrats. It still faces friction in the House, which has its own competing bill, but its momentum is unmistakable.

And the stakes? Enormous.

💵 $200 Billion Today — Trillions Tomorrow?

Stablecoins — digital tokens backed one-to-one by the U.S. dollar or similar assets — aren’t new, but the policy winds around them are shifting fast.

Trump’s top crypto advisor David Sacks told CNBC that regulating the $200 billion stablecoin market could “create trillions of dollars of demand for our Treasuries practically overnight.” If that math checks out, stablecoins might become one of the most unexpected tools in U.S. monetary policy history.

The Trump-Vance administration seems eager to capitalize. Vance doubled down on the narrative that dollar-backed stablecoins are a net positive for the global influence of the U.S. dollar — not a threat to it.

“Dollar-pegged stablecoins, particularly once GENIUS is enacted, are only going to help the American economy,” he said. “And it’s only going to help the American dollar.”

🤳 Meme Coins, Conflicts & Crypto Clout

Critics, especially Democrats, aren’t buying all of it. Some are raising alarms over Trump’s direct financial interests in crypto — including his own meme coin and a stablecoin reportedly tied to his family’s crypto ventures. They argue that the GENIUS Act may be tainted by conflicts of interest.

Vance didn’t address those concerns directly, though he lightly referenced them with a joke: “I’m not just complimenting the crowd to juice my own meme coins.”

But beyond the memes and market speculation, the administration’s tone is unmistakable: the U.S. will be aggressively pro-crypto — and unapologetically so.

🪙 Bitcoin Reserve, Regulation Reversals & the End of SAB 121

The administration is backing up its rhetoric with structural changes.

Vance used the stage to promote a new strategic bitcoin reserve — part of a broader vision to treat Bitcoin as a sovereign-grade digital asset. Meanwhile, key federal agencies have reversed or repealed long-standing anti-crypto regulations:

• The Department of Labor rescinded 2022 guidance discouraging crypto in retirement plans. Labor Secretary Lori Chavez-DeRemer put it bluntly: “Fiduciaries, not bureaucrats, should decide whether crypto belongs in 401(k)s.”

• The SEC’s controversial SAB 121 accounting rule — which prevented banks from holding crypto on their balance sheets — is gone.

• The FDIC and OCC have rolled back guidance that previously made it harder for traditional financial institutions to engage with digital assets.

• Even the Federal Reserve has begun walking back its crypto-skeptical stance.

And then came the moment the crypto crowd was waiting for:

“We fired Gary Gensler — and we’re going to fire everyone like him,” Vance said, referencing the former SEC chair often blamed for dragging his feet on crypto innovation.

It was more than a political zinger. It was a declaration of regulatory war — or rebirth, depending on where you sit.

🚀 What’s Next: From Vegas to the Hill

Bitcoin 2025 wasn’t just a flex for the crypto industry — it was a pulse check on how far the Overton window has shifted.

A few years ago, the idea of a U.S. bitcoin reserve, deregulated crypto in retirement accounts, and stablecoin bills with bipartisan support would’ve seemed like a pipe dream.

Now, it's policy.

The road ahead still includes plenty of political landmines. The GENIUS Act may stall in the House, and scrutiny over Trump’s personal stake in crypto won’t go away. But one thing is clear: crypto is no longer operating on the financial fringe. It’s now part of the core conversation on U.S. economic policy.

Whether you see that as revolutionary or risky, it’s happening — fast.