PANews reported on May 29 that according to Jinshi, U.S. Vice President Vance welcomed the entry of cryptocurrencies into the "mainstream" of the U.S. economy, vowed to develop "innovation-supporting" rules for digital assets, and praised the cryptocurrency billionaires who supported Trump's bid for the presidency last year. Speaking to thousands of orange-clad Bitcoin investors in Las Vegas on Wednesday, Vance touted the rise of cryptocurrencies and predicted that the number of Americans holding Bitcoin would soon double. "We want our fellow Americans to know that cryptocurrencies and digital assets, especially Bitcoin, are part of the mainstream economy and are here to stay," Vance said on a stage named after Bitcoin's anonymous developer Satoshi Nakamoto. 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 he still holds a considerable amount of Bitcoin.