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The founders of the US-based crypto exchange Gemini, Tyler and Cameron Winklevoss, recently donated $21 million worth of Bitcoin (188.45 BTC) to the Digital Freedom Fund Political Action Committee (PAC). The PAC aims to support President Donald Trump’s vision of making America the crypto capital of the world.
In a recent post on X (formerly Twitter), Tyler Winklevoss articulated their commitment to enhancing the progress made since the President’s inauguration earlier this year.
He emphasized that the administration has consistently delivered on its campaign promises, and their goal is to uphold the principles of the “American Golden Age” and to ensure that Trump’s agenda is executed effectively.
A key focus for the Digital Freedom Fund PAC will be to secure victories in the upcoming midterm elections. The Winklevoss brothers aim to identify and support candidates who champion Trump’s cryptocurrency initiatives.
They contend that if Republicans lose control of either the House or Senate in November 2026, it could hinder the administration’s ability to implement its pro-crypto agenda. The brothers are determined to prevent this setback, stating that they are prepared to fight for the continued success of Trump’s policies.
The Winklevoss brothers also stress the need for thoughtful legislation that promotes a healthy market structure for cryptocurrencies. They are advocating for legislation that protects the freedoms necessary for the industry to flourish while avoiding burdensome regulations.
Central to their efforts is the proposed Bitcoin & Crypto Bill of Rights, which aims to guarantee individuals the right to own, self-custody, and transact with digital assets.
Opposing the implementation of Central Bank Digital Currencies (CBDCs), the Winklevoss brothers advocate for legislation that preserves individual freedoms and prevents government overreach.
They also call for fair access to banking services, arguing that everyone should have the right to be banked without discrimination based on political or religious beliefs.
The Winklevoss brothers view the recent release of the President’s Working Group report on digital financial technology as a pivotal moment for the crypto industry.
They believe the recommendations from this report, alongside the leadership shown by US Securities and Exchange Commission (SEC) Chairman Paul Atkins, could position America as the leading global force in cryptocurrency.
In their pursuit of a level playing field for all market participants, the brothers reject any form of regulatory capture that could create barriers for newcomers in the crypto space.
They argue that the cost of entering the market should be accessible to all, contrasting the relatively low cost of registering a business in the US with the prohibitive expenses in other countries like Haiti.
The Winklevosses are also open to collaborating with other pro-crypto groups to identify additional issues that could further unleash the potential of cryptocurrencies in America.
This comes amid the exchange’s already disclosed plans to launch an initial public offering (IPO) on the New York Stock Exchange (NYSE), which is part of a growing trend of crypto firms aiming to launch similar offerings in the US
As of this writing, Bitcoin trades at $113,980, down 6% in the past week and over 8% from its $124,000 all-time high reached on August 14.
Featured image from DALL-E, chart from TradingView.com
