Crypto.com CEO Discusses Crypto Regulation With Trump

Key Points:

• Crypto.com CEO Kris Marszalek and other industry leaders are meeting with President-elect Trump to discuss crypto regulations.
• Marszalek’s visit follows Coinbase CEO Brian Armstrong’s recent conversation with Trump.

According to Bloomberg, executives in the digital-asset sector are huddling with President-elect Donald Trump as he readies to take back the White House.

Read more: US President-elect Trump Will Promote Strategic Bitcoin Reserve In 2025   

Crypto.com CEO Huddle with Trump on Regulatory Future

Crypto.com CEO Kris Marszalek met Trump at Mar-a-Lago on Monday to talk about appointments that would affect the crypto industry, including positions in financial departments, Congress, and the new administration, said a person familiar with the meeting who asked not to be identified.

The meeting by the Crypto.com CEO follows a recent phone call between Trump and Coinbase CEO Brian Armstrong, which was reported last month by Fortune.

Trump Appoints Crypto Advocates

Trump has also tapped crypto-friendly figures for high-level positions, such as naming Cantor Fitzgerald’s Howard Lutnick commerce secretary and tapping Paul Atkins to head the SEC. In perhaps an unexpected move, Trump even appointed venture capitalist David Sacks to advise on both AI and crypto. It had been expected that he would have a “crypto czar.”

Crypto.com recently dropped a lawsuit it filed against the SEC in October after receiving a Wells notice indicating possible enforcement action. Other platforms, like Coinbase, have also clashed with regulators.

Meanwhile, Trump has entered the digital-asset fray with his family’s project, World Liberty Financial, which is focused on decentralized finance. It launched in September with $30 million in funding from entrepreneur Justin Sun.