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Vice -President JD Vance appears in Bitcoin 2025, Wednesday, May 28, 2025, Las Vegas.
John Loker | AP
Las Vegas -Vice President JD Vance He used his position on stage at the biggest Bitcoin conference in the year to push the efforts of the Trump administration under Stablcoin legislation, posing its potential benefits for the US economy.
“In this administration, we do not believe that Stablecoins threatens the integrity of the US dollar. On the contrary,” Vnes said in his main program in Bitcoin 2025 in Las Vegas. “We view them as a multiplier of our economic power.”
A few months after a successful company for the White House that was strongly funded According to the crying area and less than a year after the candidate then Donald Trump talked in Bitcoin 2024 In Nashville, Tennessee, Vnes repeated the message that the Trump-Wance administration was conducting a strongly gaping program.
Stablecoins, which are designed for a stable against the non-crypto-activist, usually the US dollar is a great topic when Republicans try to adopt a brilliant law that regulates the digital asset. The legislation was cleared by a key procedural vote on the Senate last week, thanks to the support of 15 Democrats, but may still face a heavy fight in the House, which has its own stable rules.
David Sax, Chief Crypto President Trump and AI Advisor, said CNBC Last week, when the market is in the sphere of more than $ 200 billion, and that the legal base “can create trillion dollars of demand for our treasury almost one night.”
Democrats Previously rejected The genius is in part, concerned that the personal enterprises of the President Trump, including his own coin of the meme and stable from the cry of his family, created an unprecedented conflict of interest.
Vens did not address this issue on Wednesday from the stage on Venice, but he joked that he not only complimenting the crowd “juice has his own coins”. Rather, it focused on the values in the legitimization of stable.
US Vice President JD Vance speaks at Bitcoin Conference in Las Vegas, Nevada, USA, May 28, 2025.
Steve Marcus | Reuters
“Stablacoin with a dollar, especially after the acceptance of the genius, will only help the American economy,” Vens said. “And it will only help the US dollar.”
It is expected that the event in the Las Vegas will attract 35,000 visitors. In addition to using this to promote stable legislation, Ven applauded the creation of the strategic reserve bitcoin and his efforts to refuse the rules.
Vens revealed that he owns “quite a lot of bitcoin” today, and he was filmed by former SEC Chairman Gary Gensler, who became a common bag for many legislators and cryptocurrency executives.
“We fired Gary Heler – and we’re going to fire everyone as he was,” Vens said.
To the main Vans, Labor Department, canceled the instructions of 2022 This hindered the investment in cryptocurrency in retirement plans. Labor Minister Laurie Chavez-Dareer said that trusted, not bureaucrats should decide whether the crystand is 401 (k).
“Biden’s administration put a thumb on a scale,” Chavez-Dareer said in a press release.
The rollback is part of a broader effort to strengthen digital assets. Now the banks can save the cry Cancel the key rule of accounting known as SAB 121. Federal Deposit Insurance Corporation and Comptroller Office also canceled their anti -script recommendations, and the federal reserve has partially followed this example.
