Crypto.com’s $35M Trump PAC Gift Sparks Regulator Wins

Crypto.com is making headlines for its political spending. New filings reveal the exchange, through its parent firm Foris Dax, has donated $35 million to a Trump-aligned super PAC. These transactions were carried out throughout the past year. The most recent $5 million payment landed in January. This further shows Crypto.com’s position as one of the largest direct political donors in the crypto industry. Unlike competitors that backed crypto-focused policy groups, these Foris Dax donations went straight to a Trump-aligned political group.

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How Crypto.com’s Trump PAC Donations Led to CFTC Support and Bank Charter

Within weeks of the latest contribution, federal regulators took steps that directly benefited the company. The Commodity Futures Trading Commission (CFTC) filed a motion supporting Crypto.com in an ongoing legal dispute over its prediction markets entity. This move shows rare federal intervention in favor of a crypto exchange. CFTC’s involvement marked lawsuit support at a time when many crypto firms remain locked in other legal battles.

Along with this, Crypto.com also secured another milestone. A prominent Treasury regulator granted conditional approval for a national trust institution. This further paves the way for a full Crypto.com bank charter. Through this, the exchange can custody assets on behalf of insitional client. Crypto.com is now in a stronger position to compete with traditional financial custodians.

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The timing of these developments stands out as Trump himself has said relatively little about crypto in recent months. This is despite his pledging during his campaigns to make the US the global center of digital asset innovation. In a recent policy address focused heavily on tariffs, inflation, and artificial intelligence. Crypto, however, was notably absent. Instead, Trump emphasized trade and economic policy. His family members have remained active in crypto ventures, but the topic has not featured in his recent public remarks.

At the same time, Crypto.com has continued to gain ground with regulators. The conditional approval for a national trust institution brings the company closer to operating as a federally recognized custodian. The community is eagerly waiting to see Trump bring more focus to the cryptocurrency market.

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