Overview
- Vice President JD Vance delivered the keynote at the Bitcoin2025 Conference in Las Vegas, marking him as the highest-ranking U.S. official to address the event and noting his personal $250,000–$500,000 Bitcoin stake.
- Trump Media and Technology Group announced plans to raise $2.5 billion for direct investment in Bitcoin through its parent company of Truth Social.
- President Trump and his family hold an estimated $2.9 billion in cryptocurrency assets, a reversal from his earlier skepticism and part of a broader push to roll back Biden-era regulations.
- A once-bipartisan Senate bill aimed at regulating stablecoins lost momentum after Democratic lawmakers sought restrictions on elected officials’ crypto trading, citing the administration’s holdings.
- Democratic lawmakers and ethics experts have criticized the administration’s deepening crypto engagement over potential conflicts of interest, despite the White House’s assertion that Trump’s assets are held in a trust managed by his children.