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    Trump Administration's Full Embrace of Crypto: Bitcoin 2025 Conference Makes History

    The Bitcoin 2025 conference in Las Vegas witnessed an unprecedented show of support for cryptocurrencies from the highest echelons of the Trump administration. Vice President JD Vance, in a historic move, addressed the conference, becoming the first sitting VP to engage directly with the crypto industry. "The administration is firing officials who don't back crypto," stated MacKenzie Sigalos of CNBC, reporting from the event. This bold statement underscores the administration's commitment to integrating crypto into the US economy. Further solidifying this stance were the appearances of David Sacks, the White House's AI and crypto czar, and the President's sons. They collectively promoted a vision where stablecoins become a major tool of economic power, potentially generating trillions in demand for US debt. This proactive approach mirrors the strategies of companies like GameStop and Trump Media, which are adding billions in Bitcoin to their balance sheets. The event signals a significant shift in Washington's approach to cryptocurrency, marking a potential turning point in the relationship between government and the crypto world.

    2 months ago
    US
    Las Vegas
    news summary
    crypto
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