Winklevoss Twins Donate $21 Million in Bitcoin to Pro-Trump Crypto PAC

Gemini co-founders Tyler and Cameron Winklevoss said they have transferred 188.4547 Bitcoin—valued at roughly $21 million—into the Digital Freedom Fund, a newly formed political action committee backing President Donald Trump’s digital-asset agenda. The contribution was announced 20 August and represents one of the largest single crypto donations to a U.S. PAC to date.

The Digital Freedom Fund intends to finance Republican candidates in the 2026 midterm elections who support what the twins describe as a ‘crypto capital’ vision for the United States. Policy goals outlined by the group include passage of a light-touch market-structure bill, enshrining a “Bitcoin Bill of Rights” that protects self-custody and peer-to-peer transactions, shielding open-source developers from liability, and blocking issuance of a U.S. central bank digital currency.

The openly partisan stance contrasts with earlier industry efforts to stay bipartisan and signals increasing willingness by crypto executives to align politically as regulatory debates intensify in Washington. The donation also underscores the growing use of digital assets as a funding vehicle in U.S. campaign finance.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Source: https://thedefiant.io/news/regulation/winklevoss-twins-donate-21-million-bitcoin-to-pro-trump-crypto-pac-59f0cf19