- Vice President JD Vance supports Bitcoin.
- Bitcoin strategic reserve announced.
- Policy shifts benefit cryptocurrency sector.
JD Vance, Vice President of the United States, advocated for Bitcoin during his keynote at the Bitcoin 2025 Conference in Las Vegas on May 28, 2025.
Vance’s remarks underscore a major shift in U.S. crypto policy, amplifying digital assets’ market significance and encouraging wider adoption.
Vance’s keynote at the event highlighted his ongoing support for Bitcoin, asserting that “50 million Americans own Bitcoin,” while predicting this number would soon double. “I’m hard pressed to think of a better place to make a fortune than right here in the digital assets industry. I believe 50 million Americans own Bitcoin, and that’s going to be 100 million before too long,” he stated. Government plans now include a Bitcoin strategic reserve and an advisory council for crypto policies.
In response, markets reacted positively, reflecting increased investor confidence in the U.S. crypto landscape. The strategic reserve move indicates potential federal resource allocation toward Bitcoin. Vance’s advocacy suggests a significant pivot in the regulatory environment, pointing toward reduced restrictions on digital assets. Leader statements suggest Bitcoin as a strategic asset with supportive regulatory backing.
Potential impacts include widened institutional engagement and increased Bitcoin trading volumes. Vance’s stance marks a regulatory environment favoring deregulation and innovation, likely driving broader market optimism and adoption in the digital asset sector.
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