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Vance urges crypto industry to stay involved in politics as he touts Trump administration's record

  • On May 28, 2025, Vice President J.D. Vance spoke in Las Vegas, commending the cryptocurrency sector and encouraging continued political engagement.
  • He credited the Trump administration’s fulfillment of campaign promises and its crypto-friendly policies for encouraging industry growth after heavy crypto support in the 2024 election.
  • Vance highlighted key developments including the pardon of Silk Road founder Ross Ulbricht, a $2.5 billion bitcoin purchase plan by Trump’s media company, and bipartisan legislation advancing stablecoin regulation.
  • Vance emphasized that this is a rare chance to drive technological progress that can benefit millions of Americans, but he cautioned that without clear regulations, the U.S. Could lose a $3 trillion market to other countries with more favorable policies.
  • He encouraged the crypto community to sustain political engagement, press Congress to pass pro-crypto bills, and integrate bitcoin into broader technology discussions like artificial intelligence.
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Ben Shapiro decries the "skeeziness" around Trump involving crypto investments: "This sort of skeeziness is likely to have really bad political effect"

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Benzinga broke the news in New York, United States on Wednesday, May 28, 2025.
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