'Shield Crypto de Federal Examinatch': Winklevos Twin says

Cameron Winklevos, co -founder of crypto Exchange Gemini, has urged legislators to promulgate cryptographic regulations that protect the federal overreach industry.

In a March 4 statement on x, Winklevos said that regulatory application actions have armed to suffocate cryptographic innovation. He argued that agencies are being used against digital assets for political purposes, asking for legal protections to avoid political motivation compliance actions.

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Winklevos criticized Senator Elizabeth Warren, claiming that she has influenced the United States Stock Exchange and Securities Commission to undermine the cryptographic sector through excessive application actions. He warned that Warren could extend a similar influence on the futures trade commission of basic products and other financial guards in the future.

He expressed concern that agencies such as SEC and CFTC could be leveraged by political figures to boost an antichrypto agenda. Drawing parallels with the past actions of Warren against banks and Fintech companies, he emphasized the need for a “zero confidence model” when dealing with regulators.

The previous actions of Senator Elizabeth Warren, including her most recent scrutiny of Tether's banking relations with President Donald Trump's nominated for the secretary of Commerce, Howard Lutnick, are indicative of a broader pattern that could extend to other financial regulatory bodies, Winklevos Teme.

Concerns about regulatory influence and application bias

Winklevos also expressed distrust of financial regulators, claiming that Antichrypto policy formulators have infiltrated regulatory agencies and are using their power to boost political agendas instead of guaranteeing fair supervision.

He made a specific reference to the president of the SEC, Gary Gensler, who previously served as president of CFTC from 2009 to 2014, suggesting that regulatory agencies could be influenced by political ideologies, which raises risks for businessmen and cryptographic companies.

This perspective is aligned with broader feelings of the industry with respect to regulatory scrutiny. For example, the recent decision of the SC to abandon its case against Gemini and a large number of other cryptographic platforms was seen as a positive development by Winkleyvos, who has previously criticized regulatory actions against cryptographic platforms.

In addition, Gemini's recent achievement to ensure approval in principles of an investment signature license in Malta means the company's commitment to comply with international regulatory standards, even more emphasizing the importance of clear and fair regulations.

In addition, the Winklevos posture reflects the broader concerns of the cryptographic industry about possible “debate” practices aimed at cryptography related.