Tyler Winklevoss criticizes the Biden administration for its lack of engagement with the crypto industry and calls for clarity on the next SEC chair before the November elections.
Points
- Tyler Winklevoss criticizes the Biden administration’s crypto policies.
- Calls for clarity on the next SEC chair before the elections.
- Highlights the need for fair and good-faith engagement with the crypto industry.
Tyler Winklevoss, co-founder of the Gemini cryptocurrency exchange, has criticized President Joe Biden’s administration for its reluctance to engage with the crypto industry. In a social media post, Winklevoss highlighted the exclusion of himself and his brother Cameron from a crypto roundtable due to their endorsement of Republican presidential candidate Donald Trump.
Winklevoss Wants The Next SEC Chair Named Before Elections: Winklevoss described the exclusion as “petty” and indicative of the administration’s unwillingness to engage with the crypto sector in good faith. He stressed the importance of hearing from the most vocal and critical voices to gain genuine perspectives.
Winklevoss also criticized Vice President Kamala Harris’s absence from the Bitcoin Conference, viewing it as a missed opportunity to reset relations with the crypto industry. He called for the US government to provide clarity on the next Securities and Exchange Commission (SEC) chair before the upcoming election, emphasizing the need for transparency and fairness.
Under Gary Gensler’s leadership, the SEC has faced criticism for its enforcement actions against major crypto firms like Kraken, Binance, and Coinbase. Winklevoss, along with other crypto stakeholders, views Gensler as a potential political liability.
解説
- Tyler Winklevoss’s criticism highlights the ongoing tension between the crypto industry and regulatory authorities.
- Clarity on the next SEC chair is crucial for the industry, ensuring fair and transparent engagement with regulatory bodies.
- The call for bipartisan support for crypto policies reflects the growing importance of digital assets in political discourse.
- Engaging with diverse voices within the industry can lead to more balanced and effective regulatory frameworks.