JD Vance guides the appearance of Bitcoin and builds in support investors

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JD VANCE praised the arrival of cryptocurrencies to the “prevailing current” of the American economy, and pledged to create “pro -critical” rules for digital assets, and praised the encrypted billionaires who supported the White House show Donald Trump last year.

Talk to thousands of oranges Bitcoin Investors in Las Vegas on Wednesday, the Vice President of the United States described the emergence of encryption, and expected that the number of Americans carrying bitcoin would double soon.

“This is a movement – I am proud to stand with you here today,” Vans said from a stage called Satoshi Nakamoto, the ongoing developer of Bitcoin, at the Venetian Hotel.

“We want our American colleagues to know that encryption and digital assets, especially bitcoin, are part of the prevailing economy and they are here to stay.”

Vans said that the Trump administration will quickly enact an organizational framework for the symbols linked to dollars. Her next priority will be to create a “transparent regulatory framework designed for digital assets-pro-defect and fully merge into the prevailing economy.”

Vice President for Bitcoin for his support for Trump in the presidential race 2024. The Mandaririan billionaire has identified Cameron and Tyler Winkefus, the founders of the Gemini coding platform, to beat the Silicon Valley elite to Trump.

“Thank you in particular for what I did for me and a president, which helps us to move from nomination to the White House,” said David Billy, president of the Bitcoin Conference.

Comments come from the vice president after only days of financial times open Trump’s private media group was planning to raise up to $ 3 billion to buy cryptocurrencies. The group confirmed this step on Tuesday, on the eve of the conference in Nevada.

The Trump administration has achieved a series of victories for the encryption community, including the nomination of a technology entrepreneur and the David Sachs host in encryption and artificial intelligence. It has also signed an executive to create a bitcoin strategic reserve.

The price of Bitcoin recently reached the highest new level for $ 111,000, but was trading a little on Wednesday.

Vans said he was among the 50 million Americans who owned Bitcoin and expected the number to rise to 100 million “a long time ago.” In 2023, the vice president revealed that he owns up to $ 250,000 in Bitcoin and said he still has a “good amount”.

Trump has already supervised the reduction of the federal government’s approach to regulating digital assets.

The Securities and Exchange Committee has decreased, stopped or reached agreements in more than dozens of cases and investigations, according to CoindskAnd the Ministry of Justice It has been resolved Evolution enforcement team.

Vance Cryptocurrency Exchang Coinbase – a sponsor of the Las Vegas event – who filed a lawsuit against SEC in 2023, said that digital currencies are not registered. second Decline The lawsuit after Trump took office.

Vans’s note was about the replacement of Gary Ginsner – former President Joe Biden – the highest applause.

“We have to clean the debris left by the last administration,” Vans said. “Since the first day, this is exactly what we have been trying to do.”

On the sidelines of the conference, some executives expressed concern about the conflict of potential interests in the Trump administration, but they were generally supportive, given what they said was the “Biden administration” of encryption.

During the 2024 campaign, Trump promoted his sons company The world is financial freedomAnd that has already been launched to its stablecoin. Before its opening, Trump and his wife, Melania, also launched Mimikwins. Which sparked hundreds Of millions of dollars. The president hosted some coin owners he worked last week in his resort outside Washington.

Conference president Billy Vans praised the president, noting that 35,000 people arrived for this year – more than thousands of them at a meeting last year in Nashville, where Trump said he would make the United States in the world.The power of the supercondition“.

“In 100 days, promises and promises were made.”