2024

Donald Trump

Although there have been many speculations and hints about crypto executives meeting with Donald Trump to discuss the upcoming regulations under his administration in the States, Crypto.com’s CEO said he was the first to meet with the president-elect.
Almost immediately after posting a picture on X, the price of the native token skyrocketed by double-digits to a ten-day peak.
<blockquote class="twitter-tweet">
 Honored to have a seat at the table. <a href="https://t.co/KvK0XyEdYZ" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/KvK0XyEdYZ</a>
 — Kris | Crypto.com (@kris) <a href="https://twitter.com/kris/status/1868812557525697004?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">December 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
In a statement to CryptoPotato, Crypto.com’s chief exec added:
<blockquote>
 “We welcomed the opportunity to meet with President Donald Trump. We look forward to working with the new administration to develop and advance clear regulations for the crypto industry so the U.S. can become a global leader in digital assets and innovation.”
</blockquote>
The exchange’s native token exploded after the picture went viral on X, soaring from $0.175 to its highest price tag since December 7 of $0.205. It has since retraced to $0.19 but it’s still 7% up on the day.
<figure id="attachment_375000" aria-describedby="caption-attachment-375000" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-375000" src="https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD.png" alt="CROUSD. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/12/CROUSD-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-375000" class="wp-caption-text">
 CROUSD. Source: TradingView
 </figcaption>
</figure>
Recall that other industry execs also hinted about working with the Trump administration to establish friendlier and clearer regulations around the industry.
IOG’s Charles Hoskinson was the first to say that he will spend a lot of his time in 2025 to develop a legislative framework, which sent Cardano’s native token <a href="https://cryptopotato.com/cardano-ada-soars-30-daily-as-founder-charles-hoskinson-makes-big-announcement/" data-wpel-link="internal" rel="noopener noreferrer nofollow">flying</a> at the time.
Then, rumors started to <a href="https://cryptopotato.com/ripple-ceo-the-us-crypto-industry-benefits-the-most-from-trumps-victory/" data-wpel-link="internal" rel="noopener noreferrer nofollow">circulate</a> that Ripple’s CEO, Brad Garlinghouse, had met with Trump to discuss the same. So far, though, the only official confirmation, including the picture from above, has come from Crypto.com’s CEO.
The post <a href="https://cryptopotato.com/cro-shot-up-by-17-after-crypto-com-ceo-met-with-donald-trump/" rel="noopener noreferrer nofollow">CRO Shot Up by 17% After Crypto.com CEO Met With Donald Trump</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

CRO Shot Up by 17% After Crypto.com CEO Met With Donald Trump

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