US VP Vance to Address Bitcoin Conference Amid Trump Crypto Controversies
US Vice President JD Vance is set to address the Bitcoin 2025 conference in Las Vegas, approximately one year after then-presidential candidate Donald Trump delivered a speech at the same event.
As per an announcement from the event organizers on May 9, Vance will speak in person to attendees on May 28, marking him as the first sitting US vice president to participate in a digital asset conference.
Trump, who made his first appearance at a crypto event since taking office in January, provided a pre-recorded video from the White House to the organizers of the Digital Asset Summit in March, and later spoke in person at the Bitcoin 2024 conference in Nashville while campaigning.
Vance is known to be a Bitcoin (BTC) holder, with a reported holding of $250,000 to $500,001 according to a financial disclosure from August 2024. However, it remains uncertain whether he plans to deliver a significant policy statement at the upcoming event. Cointelegraph reached out to Vance’s office for comments but had not received a response prior to publication.
Related: Resurfaced clip shows Trump’s VP pick criticizing Gensler’s stance on crypto
Since taking office with Trump in January, Vance has largely kept a low profile regarding crypto-related policies. The president has enacted executive orders aimed at establishing a crypto reserve and regulating stablecoins, while Vance’s focus seems to have been primarily on AI regulation.
Additionally, two of the president’s sons, Donald Trump Jr. and Eric Trump, associated with the crypto platform World Liberty Financial, are also scheduled to speak at the May event. Numerous lawmakers have raised concerns that the platform, backed by the Trump family, is being utilized for personal enrichment.
Are Trump’s crypto connections hindering legislation?
The announcement of the vice president’s appearance at the crypto conference coincided with strong criticism from Democratic lawmakers in both the House and Senate regarding Trump’s ties to the crypto sector.
In the House, Representative Maxine Waters paused a joint hearing focused on a crypto market structure bill and led a group of lawmakers investigating “Trump’s crypto corruption.” Meanwhile, in the Senate, nine Democrats obstructed a crucial vote on a stablecoin bill, citing the absence of necessary safeguards and alluding to the Trump family’s potential self-enrichment through the USD1 stablecoin issued by World Liberty Financial.
Magazine: Trump’s crypto endeavors raise questions of conflict of interest and insider trading
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