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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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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.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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