Gemini founders Cameron and Tyler Winklevoss donated 188,4547 Bitcoin (BTC) worth $ 21 million to set up a new political action committee.
Tyler announced the Digital Freedom Fund Pac on August 20Positioning the group as a vehicle to “help the vision of President Donald Trump realize to make America the crypto capital of the world.”
The PAC plans to identify and support candidates who defend Trump’s crypto agenda in primary races and interim elections. The support will in particular target races that can determine the conference control.
Tyler added:
“If the Republicans lose the house or the Senate in the midterms on November 3, 2026, then Democrats will have the power to delay and to disrupt President Trump’s agenda.”
He noticed at the focus of the PAC on maintaining republican control to continue what he called the “American Golden Age”.
The move represents one of the largest crypto donations to a committee for political action, while the industry is preparing for the 2026 interim elections.
Focus on legal framework
The PAC proposals of “thoughtful legislation on market structure” by what Winklevoss describes as a “lean market structure law” that is designed to prevent overs range.
The proposed legislation includes six important components, including a “Bitcoin and Crypto Bill of Rights” that codify ownership, self-herb and peer-to-peer transaction rights.
Protections of software developers are among the priorities of the PAC, where Winklevoss draws parallels with section 230 of the Communications Decency Act, which offered legal immunity for online platforms.
Tyler said that similar protection could flourish crypto innovation by protecting liability liability.
The Digital Freedom Fund opposes Central Bank Digital Currencies (CBDCs) and characterizes these assets as “totalitarian technologies” that make the government possible.
Additional priorities include guaranteeing fair access to bank protection, promoting open banking and obliging the regulatory requirements for financial supervisors to accommodate crypto companies.
Support for initiatives of supervisors
The PAC supports SEC chairman Paul Atkins ‘Project Crypto’ -initiative and CFTC -IMPORTANCE CHAIR PHAM’s implementation “Crypto Sprint”. Both initiatives stem from recommendations in the presidential working group report of July 2025 on digital financial technology.
Winklevoss positioned these regulatory efforts as a river basin moments for the Crypto industry and described Atkins’ approach as “everything we had ever hoped for and more.”
Tyler argued for refusing the absorption of regulations, whereby crypto start -up costs were compared with differences in business registration differences between the US and Haiti.
He argued that regulations processes should remain accessible to “every startup, including those founded in a dormitory or garage, not just deep business -based operators.”
The PAC announcement did not identify extra leadership members or organizational partners. However, Winklevoss indicated plans to collaborate with similar pro-Cryptocurrency groups on issues such as the minimis tax exemptions for digital asset transactions.