Nearly 70 Trump administration officials and nominees held cryptocurrency or investments in blockchain or digital-asset companies at the time of their selection, with stakes ranging from small to more than $120 million….
[T]he appointment of multiple officials with crypto holdings comes at a time when the administration has taken a hands-off approach to regulation of digital currencies. The administration has also backed policies supported by the crypto industry, including legislation in Congress. The industry has prospered: The price of bitcoin hit an all-time high this week, doubling its value from last year….
[V.P. J.D.] Vance, who also serves as the Republican National Committee finance chair, has been active in outreach to the crypto industry. He reported bitcoin holdings between $250,001 and $500,000 in a disclosure detailing his 2024 finances.
In May, Vance hosted a fundraiser for Trump PAC on the sidelines of the Bitcoin 2025 Conference that required a $1 million donation per attendee, according to an invitation for the event viewed by The Post.
“I’m here today to say loud and clear, with President Trump, crypto finally has a champion and an ally in the White House,” Vance said at the conference.