On May 28, local time in the United States, Vice President Vance delivered a speech at the 2025 Bitcoin Conference, emphasizing that digital assets are a symbol and driving force of personal freedom. He announced that the Trump administration has ended its hostile policy towards cryptocurrencies, promoted stablecoin legalization and national strategic Bitcoin reserves, and called on the crypto community to continue participating in politics to shape the future of American innovation and freedom. Here is a compilation of the speech content.
Key Quotes
This is a movement that will determine the future of cryptocurrencies in the United States.
Who will decide the future? You will decide.
Let me be clear: from our government's perspective, stablecoins do not threaten the status of the US dollar. On the contrary (it will enhance the dollar's status).
US dollar-pegged stablecoins will become a multiplier of our economic strength.
So we should ask: Why? Why do our top competitors so strongly resist it?
Anything that happens with AI - whether good or bad - will affect the development of Bitcoin.
What happens with Bitcoin will also in turn affect the development path of AI.
Full Speech
... (rest of the text continues in English translation)Today, I want to say loudly and clearly, together with President Trump:
Cryptocurrency finally has true advocates and allies in the White House.
In our government's eyes, the potential of the digital asset industry is not just about investment or cool technology.
It is a symbol and driving force of personal freedom for American citizens.
Each one of you here is a pioneer of digital economic transformation in America.
Therefore, we are doing something unusual in Washington:
We are seriously listening to your voices.
You are solving problems, expanding boundaries, and driving innovation,
You are bringing unprecedented transparency to the business world.
So you equally deserve:
Transparent, clear rules, and respect and support from the government,
Rather than interference and suppression from bureaucrats.
With that said, we must take several substantive actions.
And the primary task is also the simplest and clearest:
Clean up the ruins left by the previous administration.
From the first day we took office, this is what we have been doing.
Our government prioritizes: eliminating red tape, restrictive rules, and "legal wars" against the crypto industry.
We have ended the weaponization of regulation against the crypto industry.
In one sentence, Operation Chokepoint 2.0 is dead,
And will never be revived under the Trump administration.
By the way, it's incredible that this would even be controversial.
Just imagine, using government regulatory power to destroy an industry simply because you disagree with their views - how could that be reasonable?
So, let this speech today serve as the obituary for Chokepoint 2.0.
This is my promise to everyone here:
This administration will never suppress your community or deny your contributions to the economy.
We reject the Biden administration's approach of torturing this industry with piecemeal enforcement.
We reject the games of those so-called regulators.
Perhaps the most important thing we've done for this community is:
We fired Gary Gensler, and we will fire everyone like him.
We understand that people like Gensler, under the banner of "protecting consumers",
Are actually destroying all efforts to democratize finance.
But all of this is over now.
I am an American from a working-class family.
I have always believed that America is a country where anyone can become wealthy, regardless of their background or education.
In recent years, I can't think of any field that embodies this spirit more than the digital asset industry.
[The translation continues in this manner, maintaining the original structure and tone while translating to English.]But Bit is digital, and you are not.
What happens in politics and bureaucracy,
Even the most valuable and disruptive technology,
If we make wrong decisions today, will be difficult to avoid the impact.
So my first advice to you is:
Bring the momentum of your political participation in 2024
All the way to 2026 and even further in the future.
Do not ignore politics.
Because I assure you:
Politics will never ignore this community.
The second advice:
We must think about the future role of Bit from a strategic perspective.
Currently, about 50 million Americans the Bit,
Many have become rich and created their own wealth, which is a good thing.
But I believe the stage of Bit is:
Become a national strategic asset in the United States in the next decade decade.
This - under the push of of President Trump,
And with the help of our excellent AI advisor David>
Whether Bit can truly integrate into national strategy must be a two-way dialogue.
This is why emphasize you must.
You to feedback to us, telling us how how Contribute bit for the long-term strategic development of the United States.
I know the Bit Policy Institute is studying this direction,
But everyone should be part of this conversation.
Because none of us want to wake up in 10 years and find that the pocountry has have become poorer and less due to wrong decisions today>
But the premise is - you in this decision-making>
So, the third advice:
You may have heard a saying:
"Crypto is essentially a conservative or right-wing technology, while AI is essentially a left-wing or authoritarian technology."
I admit that this statement is somewhat generalized, but there is some truth to it.
I have not been involved the daily operations of tech companies for four years since entering politics.
But I noticed a phenomenon:
Many smart right-wing tech talents are attracted to Bit,
While many smart left-wing tech talents are dedicated to AI.
This is certainly a rough classification, but it reveals a cultural tendency.
What I want to remind everyone is:
The development of AI will inevitably affect bit;
And the fate of of Bit will also affect AI in turn.
So, although this is a Bit conference,><
proud of the achievements of the the over the past ,10But my final advice is:
You must pay attention to the progress in the AI field and actively participate in it.
I do not want the development of AI to have a negative impact on Bit.
More importantly:
I do not want the of AI to have a negative impact on US national interests.The best way to ensure that smart and visionary people participate in this AI dialogue is:
Let the Bit community also become part of part of the the.
Our current government has promised to do this.
I also hope you hope you can join join us in this effort.
Finally, I want to say:
In the coming years, we have done a lot for this industry, but we have more grand plans.
Provide help, offer opinions, stay focused,
So enjoy the conference this week.
<.Not just,
But more for personal freedom and the future of the United States of America.
God bless you,
Thank you for letting me be here.




