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Crypto.com donated $35 million to a super PAC supporting Trump in the past year
Odaily Planet Daily reports that, according to FEC filings, Crypto.com donated a total of $35 million to the super PAC MAGA Inc, which supports Trump, over the past year, including $5 million donated in January of this year.
Within weeks of this latest donation, the exchange received several regulatory approvals. Yesterday, Crypto.com applied for a national trust bank charter, allowing it to provide digital asset custody, staking, and settlement services under federal regulation. Additionally, Crypto.com filed a lawsuit against Nevada regarding prediction markets and submitted a motion in support of the company. Currently, Crypto.com has formed a strategic partnership with Trump Media & Technology Group to provide custody for cryptocurrency ETFs and technical support for prediction markets.