Vice President JD Vance reiterates the Trump administration's deregulatory approach to the crypto sector, vowing to eliminate regulatory hurdles and support the industry.
U.S. Vice President JD Vance emphasized the Trump administration's commitment to deregulation in the crypto sector during his address at the Bitcoin 2025 Conference. He criticized former SEC Chair Gary Gensler's enforcement-based regulatory approach, stating, "We reject regulators." Vance promised to dismantle existing regulations from the Biden administration and declared that "Operation Chokepoint 2.0 is dead." His remarks come amid scrutiny over Trump's connections to the crypto sector, particularly concerning a recent dinner for key investors in a memecoin.