JD Vance Calls Crypto Market Structure Bill a ‘Priority’ for Trump Administration
At Bitcoin 2025 in Las Vegas, Vice President J.D. Vance outlined the Trump administration’s priorities for cryptocurrency regulation. A central focus is establishing a pro-innovation regulatory framework through a comprehensive market structure bill. This legislation aims to integrate cryptocurrency into the mainstream U.S. economy while safeguarding against future reversals of pro-crypto policies. Vance emphasized the importance of preventing the $3 trillion industry from migrating to more favorable jurisdictions.
The administration anticipates the imminent passage of the GENIUS Act, a Senate stablecoin bill, paving the way for the market structure bill. A key objective is to undo the damage caused by the previous administration’s approach, characterized by “regulation by enforcement” and the widespread debanking of crypto companies (Operation Chokepoint 2.0). Vance declared Operation Chokepoint 2.0 defunct under the Trump administration, rejecting the previous approach and announcing the removal of officials like former SEC Chair Gary Gensler.
The Trump administration acknowledges and appreciates the crypto industry’s significant political support, citing contributions from firms like Gemini and Coinbase as instrumental to the success of the Trump campaign and other crypto-friendly candidates such as Senator Bernie Moreno. Vance urged continued political engagement from the industry, encouraging sustained involvement beyond the 2024 elections.
Beyond regulatory efforts, Vance stressed the importance of the crypto community’s engagement with the artificial intelligence (AI) sector. He highlighted the interconnectedness of AI and cryptocurrency, asserting that advancements in AI will significantly impact Bitcoin, and vice-versa. He urged Bitcoin proponents to actively participate in AI discussions to ensure positive outcomes for both fields and prevent negative impacts on the U.S. This proactive approach aims to leverage the expertise within the Bitcoin community to shape the trajectory of AI development in a beneficial manner.
