Donald Trump

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 <a data-ct-non-breakable="null" href="https://x.com/kris/status/1868812557525697004" rel="null" target="null" text="null" title="null">traveled</a> to Florida to meet with Trump. The pair reportedly <a data-ct-non-breakable="null" href="https://www.bloomberg.com/news/articles/2024-12-17/crypto-com-ceo-kris-marszalek-met-trump-at-mar-a-lago-as-industry-courts-favor" rel="null" target="null" text="null" title="null">discussed</a> the president-elect’s proposal to launch a national Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) reserve and appointments in his administration related to the crypto industry.
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 <img alt="Politics, Cryptocurrency Exchange, Donald Trump, Policies, Crypto.com" src="https://s3.cointelegraph.com/uploads/2024-12/0193d534-0e7e-72bb-aedb-29665a4401d2" title="">
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 Crypto.com CEO meeting with Donald Trump on Dec. 16. Source: <a data-ct-non-breakable="null" href="https://x.com/kris/status/1868812557525697004" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/kris/status/1868812557525697004">Kris Marszalek</a>
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The meeting came the same day Crypto.com dropped its lawsuit against the US Securities and Exchange Commission. In a Dec. 16 filing in the US District Court for the Eastern District of Texas, the crypto exchange voluntarily dismissed a suit against the SEC and its commissioners with prejudice.
After receiving a Wells notice — warning of potential enforcement action — Marszalek <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-com-sues-sec-protect-future-crypto-us" rel="null" target="null" text="null" title="null">said in October</a> that the exchange would be filing a suit against the SEC “to protect the future of crypto.” A Crypto.com spokesperson told Cointelegraph that the firm withdrew the lawsuit “given [its] intent to work with the incoming administration on a regulatory framework for the industry.”
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/trump-promises-crypto-election-usa" rel="" target="_self" text="null" title="https://cointelegraph.com/news/trump-promises-crypto-election-usa">Trump makes big promises about crypto in US — But can he deliver?</a>
Since winning the US presidential election on Nov. 5, Trump has proposed appointments suggesting he intended to nominate individuals favoring the cryptocurrency industry. The president-elect <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/trump-world-liberty-buys-45-million-tokens-december" rel="" target="_self" text="null" title="https://cointelegraph.com/news/trump-world-liberty-buys-45-million-tokens-december">launched his own digital asset project</a>, World Liberty Financial, before the election.
In addition to Marszalek, Trump reportedly <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/coinbase-ceo-brian-armstrong-donald-trump-meeting" rel="" target="_self" text="null" title="https://cointelegraph.com/news/coinbase-ceo-brian-armstrong-donald-trump-meeting">talked with Coinbase CEO Brian Armstrong</a> in November to discuss personnel appointments. Since that event, the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/trump-names-david-sacks-ai-crypto-czar" rel="null" target="null" text="null" title="null">president-elect has announced</a> former PayPal chief operating officer David Sacks as his “AI and crypto czar” and former commissioner Paul Atkins as his pick for SEC chair.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoiners-all-in-trump-since-bitcoin-2024-getting-risky/" rel="" target="_self" text="null" title="https://cointelegraph.com/magazine/bitcoiners-all-in-trump-since-bitcoin-2024-getting-risky/">Bitcoiners are ‘all in’ on Trump since Bitcoin ’24, but it’s getting risky</a>

Trump meets with Crypto.com CEO as firm drops SEC lawsuit

Cointelegraph

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