According to BlockBeats news on August 21, Winklevoss brothers, founders of the American cryptocurrency exchange Gemini, announced a donation of $21 million worth of Bitcoin, approximately 188.4547 BTC, to the Digital Freedom Fund Political Action Committee (PAC). The Winklevoss brothers stated that since President Trump's inauguration, they have not only fulfilled campaign promises but have exceeded expectations, hoping that this unprecedented progress and momentum can continue, supporting President Trump and his administration's efforts to lead America into a golden age.
The Digital Freedom Fund will focus on the following areas:
Win the midterm elections, identify and support candidates who advocate for President Trump's cryptocurrency agenda in the primaries and midterm elections;
Advocate for the formulation of thoughtful market structure legislation, solidifying the freedom that allows the cryptocurrency industry to thrive while avoiding excessive regulation, cumbersome licensing systems, and increased red tape that stifles innovation, expands the regulatory industrial complex, and empowers the 'swamp';
Strive for a streamlined market structure bill, advocating for the inclusion of a Bitcoin and cryptocurrency rights bill in legislation, clearly stipulating that users have the right to own, self-custody, and conduct peer-to-peer (P2P) Bitcoin and cryptocurrency transactions;
Oppose central bank digital currency (CBDC) and strive for legislation to ban central bank digital currency (CBDC).
