Crypto.com withdrew its lawsuit against the SEC after a meeting between CEO Kris Marszalek and Donald Trump on December 16. The exchange filed the lawsuit in October after receiving a warning from the SEC about potential actions, but withdrew it on the day of the meeting with the US President-elect. The meeting at Mar-a-Lago discussed Trump's proposals for a national Bitcoin reserve and cryptocurrency regulation. The company stated that it was dropping the lawsuit to work with the new administration on developing laws for the crypto industry.
12/19/2024 1:13:43 PM (GMT+1)
Crypto.com withdrew its lawsuit against the SEC after meeting with Donald Trump, during which proposals for a national Bitcoin reserve and cryptocurrency regulation in the US were discussed 💼
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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