Speaking at a bitcoin conference in Las Vegas, Vance also said the Trump administration sought to create a “pro-growth legal framework for stablecoins in this country.”
Vance's comments came a day after Trump's media company said it would raise around $2.5 billion with an eye to creating a “bitcoin treasury.”
Trump last week also hosted a dinner for hundreds of top investors in his crypto memecoin, while sign-holding protesters outside the event and Democratic opponents blasted the event as blatant corruption.
Vance told the bitcoin conference, at which he was keynote speaker, that “we reject regulators,“ taking aim at former Securities and Exchange Commission chairman Gary Gensler, who pursued aggressive enforcement against the crypto industry.
Vance expressed an aim of enacting a regulatory framework for digital assets that is “pro-innovation and fully incorporates crypto“ into the economy.
Trump's adult sons, Donald Jr. and Eric, were also due to speak at the event in Las Vegas.
Their growing portfolio includes investments in Binance, a major crypto exchange whose founder is seeking a presidential pardon to re-enter the US market.
Lawmakers recently advanced a landmark bill known as the GENIUS Act that proposes a regulatory framework for stablecoins, with the legislation clearing a procedural vote.
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