Vance: Cryptocurrency will become the economic core of the Trump administration

Planet Daily News: At the Bitcoin 2025 Conference in Las Vegas, Trump's deputy Vance took the stage to speak, reaffirming the core position of cryptocurrency in the Trump administration's economic agenda. He criticized the Biden administration for "over-regulating" the crypto industry and promised to promote industry development by cutting red tape and expanding public access to digital assets. This week, Vance also attended a high-end fundraising event hosted by Mega Inc., raising funds for a Super PAC supporting Trump, with ticket prices starting at $1 million, though the total amount raised was not disclosed. Meanwhile, the U.S. Congress is accelerating the advancement of the Stablecoin and Market Structure Act. Representatives Tom Emmer and Senator Bill Hagerty expressed confidence in passing the legislation before the August recess, laying the policy foundation for institutional entry. Bitcoin has risen 61% since Trump's speech last year, with the market maintaining high expectations for regulatory benefits. (CNBC)