- Winklevoss twins fuel crypto politics with $21 million donation.
- Digital Freedom Fund PAC targets pro crypto policies and legislation.
- Deaton hails Winklevoss brothers as strong defenders of crypto adoption.
Crypto lawyer John Deaton has applauded Cameron and Tyler Winklevoss after the Gemini co-founders pledged strong support for pro-crypto regulation. According to Deaton, their efforts represent a positive force in the industry, especially at a time when past scandals from figures like Sam Bankman-Fried and Do Kwon continue to overshadow the sector.
The twins have given 188.4547 Bitcoin, estimated at 21 million dollars, to the newly created Digital Freedom Fund PAC. This action is in line with their track record of supporting digital asset adoption, as they donated over $1 million to the Donald Trump campaign in 2024.
Deaton added that the Winklevoss brothers are some of the white hats striving to create a transparent and fair crypto environment.
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Digital Freedom Fund PAC and its Political Mission
Tyler Winklevoss explained that the donation is intended to strengthen President Donald Trump’s chances of maintaining control of both Houses in the upcoming midterm elections. He cautioned that if Democrats regained influence, the administration’s pro-crypto agenda could face significant setbacks.
The fund will also liaise with other industry bodies to market America as the international center of cryptocurrency and blockchain innovation. Tyler emphasized that its mission is to protect what he termed the American Golden Age, which is long-term policy stability in digital assets.
A Broader Push for U.S. Crypto Adoption
The new PAC arrives at a time when the United States is actively shaping its crypto regulatory framework. The GENIUS Act, which addresses stablecoin rules, has already been signed into law and received support from the Treasury Department.
In the meantime, legislators are getting ready to pass the Crypto Market Structure Bill in order to provide the industry with additional clarity.
This more certain regulatory base has already led to the entry of institutional players into the sector. More than 3.6 million Bitcoin are already held in the treasury of nearly 300 entities, including governments and corporations.
Besides, there has been a high growth rate in the U.S. spot for Bitcoin and Ether exchange-traded funds. Reports highlight that net assets have reached about $147 billion for Bitcoin ETFs and $26.8 billion for Ether ETFs, signaling accelerating mainstream acceptance of digital assets.
The Winklevoss twins’ donation to the Digital Freedom Fund PAC underscores the crypto industry’s determination to influence policy direction. Their efforts, alongside supportive legislation, suggest a future where the United States may position itself as a leader in global crypto adoption.
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