The Winklevoss twins express their strong support for President Trump's cryptocurrency agenda through this substantial donation. Their goal is to continue the momentum that, according to them, the administration has generated in advancing cryptocurrency policies. According to Tyler Winklevoss, the donation aims to secure the progress of Trump's plans for the future of the industry.
The twins have specifically expressed their concern about the 2026 midterm elections and the possible impact on Trump's agenda if Republicans lose control of the Senate or the House of Representatives. This comes after Gemini's request to go public to be listed on Nasdaq under the symbol "GEMI."
In a statement shared on X, Tyler Winklevoss stated: "We want the American Golden Age and we are willing to fight for it." The Digital Freedom Fund, a political action committee (PAC) created by the Winklevoss brothers, will focus on crucial issues such as promoting legislation on Bitcoin and cryptocurrencies, preventing regulatory overreach, and ensuring the continuous development of the industry. Their donations will help fund initiatives to support candidates and legislative measures that align with their vision.
One of the key objectives of the Digital Freedom Fund is to advocate for pro-cryptocurrency regulations, which would ensure the ability to advance the industry without undue regulation.
The founders of Gemini have emphasized the importance of establishing a certification law, a "Thin Market Structure Bill," which would relax regulations to facilitate progress but would avoid excessive complexity. This law would provide equal treatment to all industries and would not lead to extreme regulation that could hinder market growth.
The Winklevoss twins have also demanded certain legal guarantees, such as a Bill of Rights for Bitcoin and Cryptocurrencies. This would ensure that individuals have the right to own, hold, and operate with Bitcoin and other cryptocurrencies without government regulations.
They are also campaigning for the protection of software developers, stating that developers should not be held responsible for the crimes of bad actors who abuse technology.
