
The cryptocurrency exchange filed a suit against the SEC in October after receiving a Wells notice but dropped it the same day its CEO met with the US president-elect.
United States President-elect Donald Trump has met with Crypto.com CEO Kris Marszalek at his home in Mar-a-Lago to discuss policies potentially affecting the cryptocurrency industry.
According to a Dec. 16 X post, Marszalek traveled to Florida to meet with Trump. The pair reportedly discussed the president-elect’s proposal to launch a national Bitcoin (BTC) reserve and appointments in his administration related to the crypto industry.
Crypto.com CEO meeting with Donald Trump on Dec. 16. Source: Kris Marszalek
Crypto.com CEO Kris Marszalek has met with US President-elect Donald Trump to discuss the future of the industry ahead of the new administration’s entry into the White House. According to a new Bloomberg report, Marszalek and Trump recently met at Mar-a-Lago to discuss the possibility of a national Bitcoin (BTC) reserve, among other things. The […]
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One of the world’s leading financial service providers is teaming up with Crypto.com in the Asia-Pacific (APAC) region. According to a new Crypto.com announcement, Deutsche Bank is becoming the crypto exchange’s corporate banking partner in Singapore, Australia, and Hong Kong. Says Karl Mohan, Crypto.com General Manager APAC and MEA and Global Head of Banking Partnerships, […]
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The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.
According to a blog post from Mastercard, once issued, cardholders will be able to fund their accounts via the Crypto.com app using e-money wallets or third party-issued credit and debit cards.
The card will be offered across all five Crypto.com card tiers, including its top-level “Black Obsidian” offering, with rewards of up to 8% and card payouts in US dollars.
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.
Alameda Research, one of the sister firms connected to defunct crypto exchange FTX and a party to its bankruptcy case, is seeking to recover more than $11 million in a Crypto.com account held since 2022.
In a Nov. 7 filing in the United States Bankruptcy Court for the District of Delaware, Alameda filed a complaint to “recover at least $11.4 million in debtor assets contained in a Crypto.com exchange account” controlled by the company. The firm requested an order from the bankruptcy court “directing Crypto.com to turn over to the Debtors the assets” that were not of “inconsequential value.”
Source: Kroll