Tyler and Cameron Winklevoss donate to Trump's election campaign
Tyler and Cameron Winklevoss, co-founders of the crypto exchange Gemini, have donated 30.94 Bitcoin (worth over $2 million) to Donald Trump's election campaign. Each of the twins contributed 15.47 BTC (about $1 million) to counter the Biden administration's stance on cryptocurrencies.
Criticism of the government’s regulatory approach
They expressed their dissatisfaction with the government's regulatory approach, accusing it of using its power to hamper innovation and target crypto companies. Tyler particularly criticized "Operation Choke Point 2.0," which allegedly pressures banks not to do business with crypto companies.
Supporting Trump’s pro-crypto position
Cameron said his donation supported Trump's pro-Bitcoin, pro-crypto and pro-business positions. The twins condemned the Securities and Exchange Commission (SEC) for unclear regulations in the crypto market and called for policy change to encourage innovation and growth.
Trump as crucial for the future of the crypto industry
The Winklevoss twins believe that Trump's stance is crucial for the future of the crypto industry and are calling on the crypto community to support him in the upcoming election to express their dissatisfaction in Washington.
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