Overview

• Vance hailed President Trump as a champion for digital assets and highlighted the administration’s rollback of Biden-era enforcement actions against crypto firms.
• The White House is pressing Congress to enact the GENIUS Act to establish a federal framework for stablecoins and boost regulatory clarity.
• President Trump signed an executive order in March to create a strategic bitcoin reserve funded by forfeited tokens, aligning policy with market demand.
• Bitcoin’s price surged to record levels this month, reflecting investor confidence in the administration’s supportive stance on cryptocurrency.
• Ethics experts caution that the Trump family’s extensive crypto holdings and business ventures raise potential conflicts of interest in policy decisions.