Vance predicted that U.S. bitcoin holders would double, claiming that they still hold a significant amount of bitcoin for now

PANews reported on May 29 that according to Jin Shi, U.S. Vice President Vance welcomed cryptocurrencies into the "mainstream" of the U.S. economy, vowed to set rules for digital assets to "support innovation", and praised the cryptocurrency billionaire who supported Trump's candidacy for the presidency last year. Speaking to thousands of bitcoin investors in orange uniforms in Las Vegas on Wednesday, Vance touted the rise of cryptocurrencies and predicted that the number of Americans holding bitcoin would soon double. "It's a movement — and I'm proud to stand with you today," Vance said on a stage named after Satoshi Nakamoto, the anonymous developer of Bitcoin. "We want our fellow Americans to know that cryptocurrencies and digital assets, especially Bitcoin, are part of the mainstream economy and will continue to exist." Vance said the Trump administration will quickly develop a regulatory framework for tokens pegged to the U.S. dollar. The next priority will be to create a "transparent and tailored regulatory framework for digital assets – one that supports innovation and fully integrates cryptocurrencies into the mainstream economy."

In addition, according to Cointelegraph, Vance claims that it still holds a significant amount of Bitcoin at the moment.

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