JD Vance urges crypto industry to stay involved in politics as he touts Trump administration's record

3 months ago 105K
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Vice President JD Vance praised the cryptocurrency industry on Wednesday, emphasizing its significant contributions to innovation and economic growth. Speaking at a fintech conference, Vance highlighted the sector's role in pushing technological boundaries and fostering new economic opportunities. He called on industry leaders to maintain their engagement in the political arena, suggesting that their involvement is crucial for shaping policies that support emerging technologies. Vance also took the opportunity to commend the Trump administration's track record on financial innovation. He pointed to regulatory measures implemented during Trump's tenure that aimed to balance innovation with consumer protection, setting a foundation for the crypto industry's growth. By creating a conducive environment for technological advancements, the administration facilitated the burgeoning of digital currencies and blockchain applications. In urging the crypto industry to stay politically active, Vance underscored the importance of collaboration between policymakers and tech innovators. He stressed that active dialogue and participation are key to ensuring that future regulations nurture, rather than stifle, technological progress. Vance's remarks serve as a call to action for the industry to engage with lawmakers, ensuring that its interests and insights are considered in shaping the policies of tomorrow.

— Authored by Next24 Live