3 hours ago
Gemini founders Cameron and Tyler Winklevoss donated 188.4547 Bitcoin (BTC) worthy $21 cardinal to found a caller governmental enactment committee.
Tyler announced the Digital Freedom Fund PAC on Aug. 20, positioning the radical arsenic a conveyance to “help recognize President Donald Trump’s imaginativeness of making America the crypto superior of the world.”
The PAC plans to place and enactment candidates championing Trump’s crypto docket successful superior races and midterm elections. The enactment volition peculiarly people races that could find legislature control.
Tyler added:
“If the Republicans suffer either the House oregon Senate successful the midterms connected Nov. 3, 2026, past Democrats volition person powerfulness to dilatory down and interfere with President Trump’s agenda.”
He noted the PAC’s absorption connected maintaining Republican power to proceed what helium termed the “American Golden Age.”
The determination represents 1 of the largest crypto donations to a governmental enactment committee arsenic the manufacture prepares for the 2026 midterm elections.
Focus connected regulatory framework
The PAC advocates for “thoughtful Market Structure legislation” done what Winklevoss describes arsenic a “Skinny Market Structure Bill” designed to debar regulatory overreach.
The projected authorities encompasses six cardinal components, including a “Bitcoin and Crypto Bill of Rights” codifying ownership, self-custody, and peer-to-peer transaction rights.
Software developer protections fertile among the PAC’s priorities, with Winklevoss drafting parallels to Section 230 of the Communications Decency Act, which provided ineligible immunity for online platforms.
Tyler said that akin protections would let crypto innovation to flourish by shielding codification writers from liability.
The Digital Freedom Fund opposes Central Bank Digital Currencies (CBDCs), characterizing these assets arsenic “totalitarian technologies” that alteration authorities overreach.
Additional priorities see ensuring just entree to banking protections, promoting unfastened banking, and mandating rulemaking requirements for fiscal regulators to accommodate crypto businesses.
Support for initiatives from regulators
The PAC supports SEC Chairman Paul Atkins’ “Project Crypto” initiative and CFTC Acting Chairman Caroline Pham’s “Crypto Sprint” implementation. Both initiatives stem from recommendations successful the July 2025 Presidential Working Group study connected integer fiscal technology.
Winklevoss positioned these regulatory efforts arsenic watershed moments for the crypto industry, describing Atkins’ attack arsenic “everything we had ever hoped for and more.”
Tyler advocated for rejecting regulatory capture, comparing crypto startup costs to institution registration differences betwixt the US and Haiti.
He argued that regulatory processes should stay accessible to “any startup, including those founded successful a dorm country oregon garage, not conscionable deep-pocketed incumbents.”
The PAC’s announcement did not place further enactment members oregon organizational partners. However, Winklevoss indicated plans to collaborate with likewise aligned pro-cryptocurrency groups connected issues including de minimis taxation exemptions for integer plus transactions.
The station Winklevoss twins donate $21M to caller crypto PAC targeting 2026 midterms appeared archetypal connected CryptoSlate.
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