Vice President JD Vance headlined the Bitcoin 2025 conference in Las Vegas, pledging President Trump's support for crypto. Vance personally holds up to $500,000 in Bitcoin, and the Trump family also has crypto investments.

Las Vegas

The Bitcoin 2025 conference in Las Vegas attracted tens of thousands of attendees, including Vice President J.D. Vance, who emphasized the White House's support for the cryptocurrency industry. Vance disclosed personal Bitcoin holdings of up to $500,000, and noted that President Trump's family, including his two eldest sons, are also involved in crypto investments.

The event highlighted a shift in federal regulatory approach, with the Securities and Exchange Commission pausing several investigations into crypto companies since the current administration took office. President Trump's media company announced plans to raise $2.5 billion for Bitcoin investment, underscoring the administration's increasing engagement with the cryptocurrency sector.

Highlights from Bitcoin 2025 conference in Las Vegas

In Las Vegas, tens of thousands of people are betting on Bitcoin, including Vice President J.D. Vance. Crypto finally has a champion and an ally in the White House. The president's two eldest sons, Eric and Don Jr., were also here promoting the industry. By some estimates, their father's crypto holdings now make up nearly 40 percent of his net worth, or approximately $2.9 billion. We're ending the weaponization of federal regulations against this community. That's welcome news for Robinhood, a popular trading platform for crypto and stocks. CEO Vlad Tenev. Under the previous administration, I mean, no other way to put it, it was basically a carpet bombing of the entire industry. Suddenly, you're allowed to play some offense. President Trump has come under fire for personally benefiting from cryptocurrency. On Tuesday, his media company announced it's raising two and a half billion dollars to invest in Bitcoin. Our CBS News analysis has also found that as President Trump's investments in crypto have increased, the SEC has also paused a dozen investigations into crypto companies since inauguration. How do you feel about the president's personal investment in cryptocurrency? Of course, it is a potential conflict, but the idea that they're motivated by personal gain, I don't know if that has too much backing, in fact. For CBS Mornings, I'm Joleen Kent in Las Vegas.

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