TechFlow reports that Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, published a lengthy post on X criticizing the Biden administration's stance on the crypto industry.
Tyler revealed that he and his brother Cameron were disinvited from a White House crypto roundtable after publicly supporting Trump. He argued this reflects the government's unwillingness to engage in genuine dialogue with the industry, remaining merely at the level of rhetorical promises.
Tyler urged the industry to demand concrete actions from both political parties before the November election, especially calling for the disclosure of the next SEC chair nominee. He emphasized that this is key to ensuring fair treatment for the industry, expressing hope that cryptocurrencies will one day become mainstream and no longer a political issue.
Tyler stated the Biden-Harris administration has 101 days to reverse the negative impact it has had on the industry over the past four years.
Notably, current SEC Chair Gary Gensler's five-year term is set to expire in June 2026.
