Vice President JD Vance: “USA must shield the crypto sector with a clear legal framework”

Vance says that for the Trump administration this is a priority issue, since if this is not achieved, the crypto industry will leave the US. In the search for more friendly jurisdictions.

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• The vice president ensures that it is a priority to establish clear laws for the crypto industry.
• Criticism of the “Enforcement regulation” that applied the Sec Under the direction of Gensler.
• He warns that there could be exodus in the local market if the US failed to clarify this situation.

During your participation in the event Bitcoin 2025 that is celebrated in Las Vegas, The US vice president, JD Vance, claimed that it is urgent to have a regulation for the crypto sector at the local level, which for the Trump administration is a high priority issue at the moment.

According to information collected by COINDESK, Vance said that “A market structure law” It is the ideal vehicle to fully integrate cryptocurrencies into the US economy without unnecessary restrictions.

A bill to “Liberate innovation”

During his participation in the event, Vance explained that the main objective is “Use innovation and use it to improve the lives of countless American citizens.” He stressed that the lack of legal certainty could push this market, which currently has a capitalization that exceeds USD $ 3 billion, could boost companies to look for more friendly jurisdictions outside the US.

“We have a unique opportunity in the generation to promote a bill that does not limit the extraordinary value that Bitcoin and other digital assets represent”said Vance before the audience.

The vice president urged Congress to advance after the possible approval of the Genius Act, the law initiative on stablcoins approved by the Senate and pending to be sent to the White House.

Criticism of the “Enforcement regulation”

Vance referred to the prior management of the Bag and Securities Commission (SEC)accusing it of applying a approach to “Enforcement regulation” which has generated uncertainty in the industry by applying compliance measures without providing clarity to the sector.

“Operation Chokepoint 2.0 is dead and will not return under our administration”, The vice president assured, referring to the massive dismissal of crypto companies.

He recalled that the former president of the Sec, Gary Gensler, resigned the same day that Donald Trump took office, and promised “Sign out of that officials in that style.”

With an emphatic tone, Vance said that, Under this new administration, the crypto sector will not suffer thousands of compliance actions that hinder its development.

The vice president thanked the political support received from the Crypto community during the 2024 campaign, highlighting the role of Tyler and Cameron Winklebos, as well as the platform Coinbase.

“They carry the impulse of their political involvement in 2024 by 2026 and beyond,” Vance urged, encouraging attendees to maintain influence on the legislative process.

Vance acknowledged that the support of the great Crypto firms was crucial for the choice of other related politicians, such as Senator Bernie Moreno (R-Ohio).

Bitcoin and his link with artificial intelligence

In a turn to the technological future, the vice president urged the community Bitcoin to also get involved in the debate on artificial intelligence.

“What happens in IA will impact Bitcoin in a positive or negative way, and vice versa,” He stressed, warning about the risks of being out of that conversation.

Vance concluded that guaranteeing the participation of cryptocurrency experts in the dialogue on AI is key to protecting the interests of the United States in both industries.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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