At the Bitcoin 2025 conference in Las Vegas, Vance, a deputy for the Trump administration, emphasized the importance of cryptocurrency in their economic strategy. He criticized the Biden administration for excessive regulation and vowed to reduce bureaucratic hurdles to enhance access to digital assets. Vance's remarks align with ongoing legislative efforts in Congress, where a stablecoin and market structure bill is expected to pass before the August recess, potentially paving the way for greater institutional involvement. In related events, Vance attended a high-profile fundraiser hosted by Mega Inc. to support a Super PAC backing Trump, with ticket prices starting at $1 million. Although the total funds raised were not disclosed, the event underscores the financial backing for Trump's crypto-friendly policies. Meanwhile, Bitcoin has surged 61% since Trump's previous address, reflecting market optimism for regulatory changes.