The founder of CEX donated Bitcoin worth $21 million to support the promotion of cryptocurrency legislation in the United States.

On August 21, the founders of the American Crypto Assets trading platform CEX, the Winklevoss brothers, announced a donation of 21 million USD worth of Bitcoin, approximately 188.4547 BTC, to the Digital Freedom Fund PAC. The Winklevoss brothers stated that since Trump took office, they have not only fulfilled their campaign promises but have exceeded expectations. They hope this unprecedented progress and momentum can continue to support President Trump and his administration in leading the United States into a golden age. The Digital Freedom Fund will focus on the following areas: winning the midterm elections, identifying and supporting candidates who endorse President Trump’s Crypto Assets agenda in the primaries and midterms; advocating for thoughtful market structure legislation that solidifies the freedom for the Crypto Assets industry to thrive while avoiding overregulation and cumbersome licensing; pushing for a streamlined market structure bill that clearly defines the rights of users to own, self-custody, and conduct peer-to-peer (P2P) Bitcoin and Crypto Assets transactions; opposing Central Bank Digital Currencies (CBDC) and advocating for legislation to ban Central Bank Digital Currencies (CBDC).