Bitcoin News Today: Winklevoss Donate $21M in Bitcoin to Pro-Trump Crypto PAC for 2026 Midterms

The Gemini co-founders Tyler and Cameron Winklevoss have donated $21 million in Bitcoin to the Digital Freedom Fund PAC, a pro-crypto political action committee aligned with Donald Trump’s political agenda [1][2][3]. The donation, made as part of the PAC’s preparations for the 2026 midterm elections, is seen as a strategic move to support legislation that would advance a favorable regulatory environment for the cryptocurrency industry in the United States [2][3].

According to Tyler Winklevoss, the PAC’s goal is to help realize Trump’s vision of positioning the U.S. as the “crypto capital of the world.” He praised the current administration’s progress in advancing pro-crypto policies and emphasized the need to sustain political momentum [2]. The Winklevoss twins have positioned themselves as major financial backers of the PAC, despite its failure to disclose the full list of contributors [1].

The $21 million donation includes advocacy for streamlined market structure laws to prevent overlapping regulation by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Tyler also called for a “Bitcoin & Crypto Bill of Rights,” which would guarantee American citizens the right to own, self-custody, and transact in digital assets. The twins reiterated their opposition to the development of a U.S. central bank digital currency [2][3]. They also stressed the importance of financial access, regardless of political or religious affiliation, and highlighted that developers should not face legal consequences based on how others use their code, citing the Tornado Cash case as a key example [2].

Beyond shaping regulatory policy, the donation will also be used to support candidates aligned with Trump’s political platform. Tyler emphasized that Trump’s decisive 2024 election victory, which secured Republican control of both the presidency and Congress, has created a favorable climate for rapid implementation of crypto-friendly policies [2]. “We want the American Golden Age, and we are ready to fight for it,” he stated [2].

This is not the first time the Winklevoss twins have supported Trump’s political endeavors. In 2024, they donated $2 million in Bitcoin to his campaign, although part of the contribution was later refunded due to legal limits. They also contributed $3.5 million in Bitcoin to the MAGA Inc. Super PAC and have joined Trump-linked crypto ventures, including American Bitcoin, a mining company backed by the president’s family [2]. Unlike traditional PACs, super PACs are not allowed to directly donate to candidates but can spend unlimited sums independently to support their campaigns [2].

With this latest contribution, the Winklevoss twins are reinforcing their influence within the intersection of the crypto industry and Trump’s political agenda. Their actions reflect a growing trend among crypto advocates to shape U.S. policy through political engagement, especially as the sector faces increasing regulatory scrutiny [2][3].

Source:

[1] Gemini Winklevoss Donate $21M in Bitcoin to Back Trump’s Crypto Push – https://coingape.com/gemini-winklevoss-donate-21m-in-bitcoin-to-back-trumps-crypto-push/

[2] Gemini Founders Donate $21M in Bitcoin to Back Trump's – https://coindoo.com/gemini-founders-donate-21m-in-bitcoin-to-back-trumps-crypto-agenda/

[3] Bitcoin News Today: Winklevoss Twins Donate $21.5M – https://www.ainvest.com/news/bitcoin-news-today-winklevoss-twins-donate-21-5m-btc-pro-trump-crypto-pac-2026-midterms-2508/