Crypto.com Donates $35 Million to Pro-Trump Super PAC Over the Past Year

Odaily News: According to FEC filings, Crypto.com has donated a total of $35 million to the pro-Trump super PAC MAGA Inc over the past year, including a $5 million donation in January of this year.

Within weeks of the latest donation, the exchange has received multiple regulatory benefits. Yesterday, Crypto.com's application for a national trust bank charter was approved, allowing it to provide digital asset custody, staking, and trading settlement services as a federally regulated entity. Additionally, Crypto.com's lawsuit with the state of Nevada regarding prediction markets was resolved, and motions supporting the company were filed. Currently, Crypto.com has entered into a strategic partnership with Trump Media & Technology Group to provide cryptocurrency ETF custody and prediction market technical support.