The Winklevoss twins, famous for founding the Gemini crypto exchange, just made a huge splash in the political world. They donated a whopping $21 million in Bitcoin to Donald Trump’s new political action committee (PAC), the Digital Freedom Fund.
A Big Bet on Trump’s Crypto Agenda
The twins explained their massive donation by saying they believe Trump is already pushing for crypto-friendly policies and they want to help him keep that going. They highlighted Trump’s success in getting things done thanks to a Republican-controlled Congress, emphasizing the importance of maintaining that support in the upcoming 2026 midterm elections. The Digital Freedom Fund’s goal is to preserve what they call “America’s Golden Age” for crypto, essentially giving Trump the resources to continue his pro-crypto push.
The Digital Freedom Fund’s Plan
The PAC has a pretty ambitious agenda. They’re focused on:
- Supporting pro-crypto politicians: They’ll be backing senators and representatives who will create laws that make it easier for crypto businesses and users to thrive without excessive government intervention.
- Limiting regulation: They want a “Skinny Market Structure Bill” to reduce regulators’ power over crypto markets, ensuring developers and users have the freedom to build and use crypto freely.
- Protecting crypto rights: They’re pushing for a “crypto bill of rights” to guarantee Americans the right to own, hold, and use Bitcoin and other digital currencies without fear of punishment. This is a direct response to past cases like the prosecution of Tornado Cash developers and Ross Ulbricht (Silk Road founder).
- Banning a Central Bank Digital Currency (CBDC): While the House already passed a bill to block the Federal Reserve from creating a CBDC, the Senate still needs to act. The PAC is committed to fighting for a complete ban.
The Future of Crypto in America
With Trump at the helm and the Winklevoss twins’ substantial Bitcoin donation, the Digital Freedom Fund is gearing up to influence the 2026 midterms and keep the US on a pro-crypto path. This massive donation signals that major players in the crypto industry are ready to actively participate in shaping the future of digital assets in the United States.
