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JD Vance speaking at Bitcoin event today, as Trump administration's crypto ties grow

JD Vance speaking at Bitcoin event today, as Trump administration's crypto ties grow

CBSN
Wednesday, May 28, 2025 11:09:19 AM UTC

Vice President JD Vance is speaking Wednesday at a Bitcoin conference, marking the Trump administration's latest overture to the cryptocurrency industry — a once-fringe business that President Trump and his allies have embraced in recent months.

Vance is set to speak at noon ET at the Bitcoin 2025 Conference in Las Vegas. A longstanding backer of cryptocurrencies, Vance owned between $250,000 and $500,000 worth of Bitcoin, according to an August 2024 financial disclosure.

The Las Vegas event will feature a handful of other Trump backers: His two eldest sons Donald Trump Jr. and Eric Trump, who have invested in crypto ventures, are speaking Wednesday on a panel about "the rise of new bitcoin business models." Chris LaCivita, who co-managed Mr. Trump's 2024 campaign, and David Sacks, a venture capitalist who serves as the White House's crypto czar, spoke on Tuesday.

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