On December 16, Crypto.com
$9.53B
CEO Kris Marszalek met with US President-elect Donald Trump at his Mar-a-Lago residence in Florida.
Marszalek posted on X in regards to the assembly, stating, “Honored to have a seat on the desk”.
On the identical day, Crypto.com dropped its lawsuit towards the USA Securities and Alternate Fee (SEC).
Do you know?
Wish to get smarter & wealthier with crypto?
Subscribe – We publish new crypto explainer movies each week!
What’s FUD in Crypto? (Worry, Uncertainty & Doubt Defined)
In line with a submitting within the US District Court docket for the Jap District of Texas, the corporate dismissed the case voluntarily and with prejudice, which means it can not reopen the matter.
The lawsuit was filed after the trade obtained a Wells discover in October, signaling potential enforcement motion from the SEC. On the time, Marszalek introduced that the corporate deliberate to sue to “shield the way forward for crypto”.
In line with Bloomberg, Trump and Marzalek mentioned concepts that would affect cryptocurrency coverage within the nation, together with a proposal for a nationwide Bitcoin
$104,144.72
reserve and key appointments in Trump’s upcoming administration.
Trump has introduced plans to nominate people who seem to assist the cryptocurrency business since securing the US presidential election on November 5. For example, former SEC commissioner Paul Atkins was named Trump’s decide for SEC chair.
Moreover, this assembly was not the primary time Trump engaged with cryptocurrency leaders. In November, Coinbase
$4.27B
CEO Brian Armstrong held a personal dialogue with Trump, elevating questions among the many crypto neighborhood. What might be their dialogue’s subject? Learn the complete story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Battle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire largest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish inexperienced persons.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market developments, and on the lookout for the subsequent supernova.
