Tyler Winklevoss praised the president for fulfilling campaign promises and promised that the founders of Gemini would continue to lobby for legislative changes related to the crypto industry. Winklevoss stated that the country needs laws that will avoid excessive regulation of crypto companies and overly strict requirements for obtaining licenses. According to him, new laws should prevent double regulation of cryptocurrencies by the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC).
Winklevoss promised that Gemini would lobby for legislation protecting software developers. Creators of codes and technologies should not be held responsible for the actions of criminals using services for illegal activities. The Winklevosses are prepared to fight against central bank digital currencies (CBDCs), which, according to Tyler, could infringe on people's privacy and financial freedom.
Winklevoss urged banks to provide services to all users, regardless of their activities, as well as their political and religious beliefs. Gemini supported 'open banking' — where clients of cryptocurrency exchanges can access their bank data for free through third-party applications, link bank accounts to any financial application, and transfer funds wherever they see fit.
Earlier, Tyler Winklevoss accused the American bank JPMorgan of intending to bankrupt crypto companies — after the bank suspended the registration of Gemini clients. Trump praised the Winklevosses for supporting his policies.
Recently, Gemini announced plans to go public and list its shares on the Nasdaq under the ticker GEMI.$BTC $ETH $XRP
