Cameron and Tyler Winklevoss, founders of Gemini, have donated 188.45 bitcoin, valued at $21 million, to determine the Digital Freedom Fund PAC.
The announcement, made on August 20, positions the PAC as a political power to help candidates aligned with former President Donald Trump’s imaginative and prescient of creating the US the worldwide chief in bitcoin and digital belongings.
PAC aims for 2026 midterms
The Digital Freedom Fund goals to again candidates who champion Trump’s pro-bitcoin insurance policies, particularly in races essential to sustaining Republican management of Congress.
Tyler Winklevoss emphasised the significance of those efforts, stating:
“If the Republicans lose both the Home or Senate within the midterms on Nov. 3, 2026, then Democrats can have energy to decelerate and intervene with President Trump’s agenda.”
The PAC’s technique consists of figuring out and supporting candidates in main and basic elections who’re dedicated to advancing favorable bitcoin laws.
concentrate on regulatory reform
The PAC advocates for a “considerate Market Construction laws,” proposing a “Skinny Market Construction Invoice” that prioritizes restricted regulatory intervention.
Amongst its six core provisions is a “Bitcoin and Crypto Invoice of Rights” that might codify rights to possession, self-custody, and peer-to-peer transactions.
The PAC additionally seeks to guard software program builders, drawing inspiration from Part 230 of the Communications Decency Act, and strongly opposes central financial institution digital currencies (CBDCs), labeling them “totalitarian applied sciences.”
help for regulatory initiatives
The Digital Freedom Fund has voiced help for SEC Chairman Paul Atkins’ “Challenge Crypto” and CFTC Performing Chairman Caroline Pham’s “Crypto Dash,” each of which originated from suggestions within the July 2025 Presidential Working Group report.
Tyler Winklevoss described these regulatory proposals as transformative for the trade.
He additionally advocated for accessible regulatory processes for startups and plans to collaborate with different pro-bitcoin teams, together with on the problem of de minimis tax exemptions for digital transactions.