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coinpedia 2025-05-29 08:57:32

JD Vance Vows to Fire More Regulators Like Gary Gensler Who Are Against Crypto

JD Vance Vows to Fire More Regulators Like Gary Gensler Who Are Against Crypto

The post JD Vance Vows to Fire More Regulators Like Gary Gensler Who Are Against Crypto appeared first on Coinpedia Fintech News At the Bitcoin conference in Las Vegas, Vice President JD Vance made statements that turned heads. From backing Bitcoin to providing surety that crypto will be a priority, Vance received some loudest cheers. Vice President JD Vance Delivers Remarks at Bitcoin 2025 Conference at Las Vegas, NV https://t.co/m2IIVUS1j4 — Vice President JD Vance (@VP) May 28, 2025 “There’s a new sheriff in town,” Vance declared. “After four years of hostility from Democrat regulators, crypto finally has a champion in the White House, ” he said over Trump’s comeback. Vance also took a swipe at former SEC Chair Gary Gensler, who is often the target of the crypto community. Vance calls Gensler’s crackdown a disaster “We fired Gary Gensler and we’re going to fire everyone like him,” he said, receiving loud applause. He called the Biden administration’s approach and Gary Gensler’s actions – a complete disaster and added that these regulators hold back innovation in the name of protecting consumer interest. Operation Chokepoint 2.0 Is Dead, Says Vance “We prioritize eliminating the rules, the red tape, and the lawfare that we saw aimed at our crypto by our predecessors,” Vance said. “We’re ending the weaponization of federal regulations against this community. To put it simply, Operation Chokepoint 2.0 is dead, and it is not coming back under the Trump administration.” Currently, 50 million Amercians own crypto and he expects the number to double and warned that without clear rules, the $3 trillion crypto industry could easily move offshore. These remarks are in line with Trump’s previous statement during the election as he pledged to remove Gensler on day one if elected. Paul Atkins is now appointed in his place who has a pro-crypto background.

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine