国产av日韩一区二区三区精品,成人性爱视频在线观看,国产,欧美,日韩,一区,www.成色av久久成人,2222eeee成人天堂

Home web3.0 President Donald Trump is a strong ally for the growing cryptocurrency industry

President Donald Trump is a strong ally for the growing cryptocurrency industry

May 29, 2025 am 10:10 AM

Vice President JD Vance told attendees at the Bitcoin 2025 Conference in Las Vegas on Wednesday

President Donald Trump is a strong ally for the growing cryptocurrency industry

President Donald Trump is a strong ally for the growing cryptocurrency industry, Vice President JD Vance told attendees at the Bitcoin 2025 Conference in Las Vegas on Wednesday.

"Crypto finally has a champion and an ally in the White House," Vance said while delivering the event's keynote address, CBS News reported.

"We want our fellow Americans to know that crypto and digital assets, and particularly bitcoin, are part of the mainstream economy and are here to stay," he said.

Vance was this year's featured speaker at the annual bitcoin conference, which President Donald Trump headlined last year while campaigning for the presidency.

Related

Stablecoins stabilize the dollar

He said the Trump administration does not view so-called stablecoins as destabilizing the U.S. dollar and instead strengthens it, CNBC reported.

"We view them as a force multiplier for our economic might," Vance said to the audience at The Venetian Resort.

A stablecoin is a type of cryptocurrency whose value is derived from another asset, such as gold or the U.S. dollar, according to coinbase.

Vance said cryptocurrency has transformed how people and businesses conduct transactions, and its decentralized nature makes it a good way to protect personal and business finances against bad policies.

"Crypto is a hedge against bad policymaking from Washington, no matter what party's in control," he said.

Political advocacy for crypto progress

Vance encouraged those who are involved in cryptocurrency to increase their political advocacy.

He said $200 million in campaign support for candidates who supported cryptocurrency had a positive effect during the 2024 general election, The Hill reported.

Such financial support enabled Sen. Bernie Moreno, R-Ohio, to beat Democratic Party incumbent Sherrod Brown in the 2024 Senate election in Ohio.

"Part of the reason that I'm standing here, part of the reason that Bernie Moreno defeated Sherrod Brown in the Senate campaign last year, is because you guys got organized and got involved in American politics," Vance said.

Brown chaired the Senate Banking Committee, but his election defeat removed him as an obstacle to crypto-friendly legislation.

"There's a lesson to take from that experience," Vance said. "Unless you guys get involved in politics, politics is going to ignore this industry."

Strong support for the GENIUS Act

The Trump administration is advocating for the GENIUS Act, which officially is called the Guiding and Establishing National Innovation in U.S. Stablecoins Act.

Vance said the proposed act's enabling legislation is poised to be approved by the Senate and likely would fare well in the House of Representatives.

President Trump's lead crypto adviser, David Sacks, last week told CNBC that U.S. investors have more than $200 billion in unregulated stablecoins.

Sacks said that amount could reach trillions of dollars "if we provide the legal clarity and legal framework for this."

News data source: kdj.com

The above is the detailed content of President Donald Trump is a strong ally for the growing cryptocurrency industry. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undress AI Tool

Undress AI Tool

Undress images for free

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

PHP Tutorial
1502
276
What is Impossible Cloud Network (ICNT)? How? A comprehensive introduction to the ICN project that Binance will launch soon What is Impossible Cloud Network (ICNT)? How? A comprehensive introduction to the ICN project that Binance will launch soon Jul 07, 2025 pm 07:06 PM

Contents 1. What is ICN? 2. ICNT latest updates 3. Comparison and economic model between ICN and other DePIN projects and economic models 4. Conclusion of the next stage of the DePIN track At the end of May, ICN (ImpossibleCloudNetwork) @ICN_Protocol announced that it had received strategic investment in NGPCapital with a valuation of US$470 million. Many people's first reaction was: "Has Xiaomi invested in Web3?" Although this was not Lei Jun's direct move, the one who had bet on Xiaomi, Helium, and WorkFusion

Review of the most complete historical price of Dogecoin 2015-2025 (the latest version of 2025) Review of the most complete historical price of Dogecoin 2015-2025 (the latest version of 2025) Jul 07, 2025 pm 09:03 PM

Dogecoin has gone through multiple price stages and key nodes from 2015 to 2025. 1) The average price in 2021 is US$0.20, with a maximum of US$0.73, a historical high; 2) The average price in 2022 is US$0.08, continuing the bear market; 3) The average price in 2020 is US$0.0026, and the year-end rises and starts a bull market; 4) The average price in 2023 is US$0.063, and the whole year is fluctuating and adjusting; 5) The average price in 2017 is US$0.002, and the year-end rises to US$0.017; 6) The average price in 2018 is US$0.003, which falls throughout the year; 7) The average price in 2019 is US$0.0025, which is consolidated at a low level; 8) The average price in 2015 is US$0.00015, and the transaction is deserted; 9) The average price in 2024 is US$0.084, which is low

How to open a currency contract? What does a perpetual contract mean? Teaching for beginners in contract trading How to open a currency contract? What does a perpetual contract mean? Teaching for beginners in contract trading Jul 07, 2025 pm 10:06 PM

Currency circle contract trading is a derivative trading method that uses a small amount of funds to control assets with larger value. It allows traders to speculate on the price trends of crypto assets without actually owning them. Entering the contract market requires understanding its basic operations and related concepts.

How to set up a bitcoin contract liquidation warning? How to avoid forced closing of positions? How to set up a bitcoin contract liquidation warning? How to avoid forced closing of positions? Jul 07, 2025 pm 09:36 PM

Bitcoin contract trading attracts numerous participants, which provides opportunities to leverage for potentially high returns. However, the inherent risk of contract trading lies in forced closing of positions, commonly known as "losing of positions". A liquidation means that the trader's position is forced to close due to the loss of margin, which often loses most or even all of the initial margin. Understanding how to set up a liquidation warning and mastering skills to avoid forced liquidation is crucial to managing contract trading risks.

The latest official version of virtual currency trading platform v6.129.0 Android app 2025 new version The latest official version of virtual currency trading platform v6.129.0 Android app 2025 new version Jul 07, 2025 pm 10:15 PM

The latest official version of the virtual currency trading platform v6.129.0 is a professional and secure digital asset trading application created for Android users. It provides rich market conditions, convenient trading functions and multiple security protection, and is committed to providing users with a first-class trading experience.

The total market value of the cryptocurrency market has exceeded 3 trillion yuan. How long can the market rise? The total market value of the cryptocurrency market has exceeded 3 trillion yuan. How long can the market rise? Jul 17, 2025 pm 09:39 PM

Recently, the total market value of the cryptocurrency market has exceeded US$3 trillion, arousing widespread attention and optimism. Such a scale shows that digital assets are gradually being recognized by more investors and institutions, and the market popularity continues to rise.

The latest version of virtual currency exchange v6.129.0 official latest Android APP The latest version of virtual currency exchange v6.129.0 official latest Android APP Jul 07, 2025 pm 09:57 PM

The Virtual Currency Exchange APP is a professional digital asset trading application, providing users with safe and convenient digital currency trading services. The new v6.129.0 version has upgraded the performance and operation experience, aiming to bring a smoother trading experience.

Which virtual currency platform is legal? What is the relationship between virtual currency platforms and investors? Which virtual currency platform is legal? What is the relationship between virtual currency platforms and investors? Jul 11, 2025 pm 09:36 PM

There is no legal virtual currency platform in mainland China. 1. According to the notice issued by the People's Bank of China and other departments, all business activities related to virtual currency in the country are illegal; 2. Users should pay attention to the compliance and reliability of the platform, such as holding a mainstream national regulatory license, having a strong security technology and risk control system, an open and transparent operation history, a clear asset reserve certificate and a good market reputation; 3. The relationship between the user and the platform is between the service provider and the user, and based on the user agreement, it clarifies the rights and obligations of both parties, fee standards, risk warnings, account management and dispute resolution methods; 4. The platform mainly plays the role of a transaction matcher, asset custodian and information service provider, and does not assume investment responsibilities; 5. Be sure to read the user agreement carefully before using the platform to enhance yourself