Gemini

Donald Trump

President Donald Trump

Gemini co-founder <a href="https://www.forbes.com/profile/tyler-winklevoss/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">Tyler Winklevoss</a> has urged the U.S. government to clarify the leadership of the securities watchdog before the upcoming election.
In a post on X (formerly Twitter) on July 26, Winklevoss expressed that voters should know who the next chair of the Securities and Exchange Commission (SEC) will be.
He revealed that he and his brother Cameron Winklevoss, also a co-founder of Gemini, were recently disinvited from a White House event after endorsing Donald Trump.
Winklevoss criticized the Biden administration’s approach to the cryptocurrency sector, claiming it missed an opportunity to rebuild the relationship with the industry.
He emphasized the need for clarity and predictability in the regulatory environment, stating, “No more guessing.
“No more hoping. No more surprises. Our industry should not tolerate any possibility of a repeat of the last 4 years.”
He argued that demanding action from the administration before November is a non-partisan stance that the entire crypto industry should support.
Gary Gensler, the current SEC chair since February 2021, has been a contentious figure in the crypto world due to his perceived anti-crypto positions.
READ MORE: <a href="https://www.cryptointelligence.co.uk/terras-bankruptcy-court-order-spurs-major-reopening-of-shuttle-bridge-destruction-of-150-million-luna-tokens/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Terra’s Bankruptcy Court Order Spurs Major Reopening of Shuttle Bridge, Destruction of 150 Million LUNA Tokens</a>
His term is set to end in June 2026.
In addition, Winklevoss expressed his wish that politicians would refrain from attending Bitcoin and crypto conferences.
He argued that the mainstream adoption of crypto should reach a point where its legality or acceptance is no longer debated, likening it to discussions about the legality of email or the Internet.
This statement was made during the Bitcoin 2024 conference in Nashville, Tennessee, which saw political figures like independent presidential candidate Robert F. Kennedy Jr., and Senators Cynthia Lummis and Tim Scott, in attendance.
Kennedy spoke about Bitcoin’s potential to enhance the U.S. economy and pledged to issue executive orders to support cryptocurrency on his first day in office.
Former President Donald Trump was scheduled to headline the event on July 27.
To submit a <a href="https://www.cryptointelligence.co.uk/category/press-releases/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto press release (PR)</a>, send an email to <a href="mailto:sales@cryptointelligence.co.uk" rel="noopener noreferrer nofollow">sales@cryptointelligence.co.uk</a>.

Tyler Winklevoss Calls for SEC Leadership Clarity Ahead of U.S. Election, Criticizes Biden Administration’s Crypto Stance

Crypto Intelligence

Other articles published on Jul 28, 2024

Bitcoin Bull Michael Saylor Speaks at Bitcoin Conference: Suggested a Price of 5 Million Dollars ...

Lido DAO To WorldCoin: Looking at This Week’s 3 Top Crypto Losers

SEC Approved Grayscale Bitcoin Mini Trust For Trading On NYSE Arca

Teen Nabbed in HK$11M Hong Kong Crypto Fraud

Bitcoin 2024: God Bless Bitcoin Documentary Premieres Amid Enthusiastic Reception

Pidato Pro-Kripto Donald Trump: Pecat Ketua SEC dan Bitcoin Jadi Cadangan AS

Join our free newsletter for daily crypto updates!