New Era for US Crypto Policies? Donald Trump Meets Crypto.com CEO Kris Marszalek

Marszalek posted on X about the meeting, stating, "Honored to have a seat at the table".

On the same day, Crypto.com dropped its lawsuit against the United States Securities and Exchange Commission (SEC).

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According to a filing in the US District Court for the Eastern District of Texas, the company dismissed the case voluntarily and with prejudice, meaning it cannot reopen the matter.

The lawsuit was filed after the exchange received a Wells notice in October, signaling potential enforcement action from the SEC. At the time, Marszalek announced that the company planned to sue to “protect the future of crypto”.

According to Bloomberg, Trump and Marzalek discussed ideas that could influence cryptocurrency policy in the country, including a proposal for a national Bitcoin BTC $96,712.69 reserve and key appointments in Trump’s upcoming administration.

Trump has announced plans to appoint individuals who appear to support the cryptocurrency industry since securing the US presidential election on November 5. For instance, former SEC commissioner Paul Atkins was named Trump’s pick for SEC chair.

Additionally, this meeting was not the first time Trump engaged with cryptocurrency leaders. In November, Coinbase $4.43B CEO Brian Armstrong held a private discussion with Trump, raising questions among the crypto community. What did they talk about? Read the full story.