Crypto.com received multiple regulatory benefits after donating $35 million to Trump's PAC

CycleProphet · 2026-02-25T01:01:57+00:00

Crypto.com, after donating $35 million to MAGA Inc., which supports Trump, received multiple regulatory benefits, including support from the CFTC for its lawsuit, approval from the Treasury Department for its national trust bank license, and collaboration with Trump Media & Technology Group to launch related crypto products.

CycleProphet

2026-02-25 01:01:57

Abstract generation in progress

Deep Tide TechFlow News, February 25 — According to Decrypt, after donating $35 million to the super PAC MAGA Inc. supporting Trump, cryptocurrency exchange Crypto.com received several regulatory benefits. Within weeks of a recent $5 million donation, the U.S. Commodity Futures Trading Commission (CFTC) chose to support the company’s lawsuit against Nevada regarding sports prediction markets.

Additionally, a regulatory agency under the U.S. Department of the Treasury conditionally approved Crypto.com’s application for a national trust bank license this Monday, making it a potential “one-stop qualified custodian” for major financial institutions. The company also established a strategic partnership with Trump Media and Technology Group, Trump’s media company, launching Trump-branded crypto ETFs and prediction markets related to Truth Social.

TRUMP3,87%

MAGATRUMP3,61%

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