Dominic Basulto, The Motley Fool
5 min read
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Vice President JD Vance gave the keynote speech at the Bitcoin 2025 conference in Las Vegas.
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Vance highlighted recent moves by the White House to create pro-crypto policies.
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Vance also emphasized that Bitcoin is a long-term strategic asset for the government, as well as a potential source of competitive advantage.
On May 28, Vice President JD Vance gave the keynote speech at the Bitcoin (CRYPTO: BTC) 2025 conference in Las Vegas. He offered a broad overview of what's coming next for crypto, as well as a few insights into how the White House is thinking about Bitcoin right now.
Last year, President Donald Trump attended this same event, outlining the major pro-Bitcoin policies of his 2024 campaign platform. So now that top political leaders are openly embracing crypto, what should Bitcoin investors expect?
A major focus of Vance's speech was a reiteration of the pro-crypto regulatory approach of the Trump administration. In just five months, the White House has already taken a number of big steps -- including a major shakeup at the Securities and Exchange Commission to make it more crypto-friendly, and the creation of the Strategic Bitcoin Reserve.
All of this is good news for Bitcoin investors, of course. It opens the door to more innovation, economic growth, and wealth for everyday Americans. As Vance pointed out in his keynote, millions of Americans now own Bitcoin. So any moves that can help Bitcoin grow and prosper will help everyday Americans as they save for the future.
And there's more good news on the way. Next up, says Vance, is new legislation for dollar-pegged stablecoins, as well as a comprehensive regulatory framework for crypto that will help to establish the official rules of the road for Bitcoin. Once that's in place, the mainstream adoption of crypto can really start. Institutions will no longer have an excuse not to get involved with Bitcoin.
Vance also emphasized that the White House is thinking about Bitcoin as a long-term strategic asset. That was the stated purpose of creating the Strategic Bitcoin Reserve back in March. The next major step, says Vance, is new legislation that will codify the Strategic Bitcoin Reserve in law. Otherwise, the next administration could just as easily reverse the existing executive order with a new executive order of its own.
There's a key reason the White House is thinking about Bitcoin as a "strategically important asset" these days. And that's because Bitcoin represents the sort of American values -- innovation, entrepreneurship, freedom, and lack of censorship -- that are anathema to countries such as China. In fact, as Vance pointed out, the U.S. should look to use Bitcoin as a source of competitive advantage against China.
