The U.S. Securities and Exchange Commission (SEC) has formally concluded its investigation into the cryptocurrency exchange Crypto.com without pursuing any enforcement action. The exchange revealed this news in a blog post on March 27th. Crypto.com had previously received a Wells notice from the SEC before initiating a lawsuit against the ...
Crypto.com has come under fire from the cryptocurrency community after reportedly reissuing 70 billion Cronos (CRO) tokens that were previously burned in 2021. The move has sparked concerns over decentralization and transparency, with critics accusing the exchange of undermining trust in the token’s supply. The controversy started on March 25 ...
Trump Media & Technology Group Corp. (TMTG), the parent company of Truth Social and Truth.Fi, has signed a preliminary agreement with Crypto.com to explore the launch of a series of ETFs in the United States. The partnership, announced on March 24, is still subject to regulatory approval. The ETFs, set ...
The approval of a proposal to restore 70 billion CRO, the native token of Cronos Chain, a blockchain network developed by Crypto.com, has sparked a backlash against the crypto exchange from its community. According to Mintscan, the controversial move, which reverses a 2021 token burn, passed with 62.18% of the ...
Cryptocurrency exchanges OKX and Crypto.com have obtained full licenses under the EU’s Markets in Crypto-Assets Regulation (MiCA) as of January 27. These licenses, granted by the Malta Financial Services Authority (MFSA), enable both companies to offer regulated cryptocurrency services throughout the European Economic Area (EEA). MiCA introduces a "passporting" mechanism ...
Crypto.com has introduced a new platform tailored for institutional investors in the United States. Announced on January 21, the platform aims to expand the Singapore-based exchange's presence in the U.S. by offering advanced tools designed for institutional trading. This platform complements the existing Crypto.com App, which caters primarily to retail ...
The Commodity Futures Trading Commission (CFTC) is set to vote on whether to subject Crypto.com’s new futures contracts, which enable users to wager on major football games like the Super Bowl, to a 90-day review. According to a Bloomberg report on January 14, the five-member federal commission is debating whether ...
Crypto.com has partnered with the Singapore-based payments platform Triple-A to enhance the crypto shopping experience and enable users to make direct cryptocurrency payments on leading e-commerce platforms without converting to fiat currency, beginning in Singapore and expanding globally. By integrating Triple-A’s regulated payment solution, Crypto.com wallet users can seamlessly shop ...
Crypto.com is expanding its range of services with the acquisition of Fintek Securities, a licensed Australian brokerage regulated by the Australian Securities and Investments Commission (ASIC). Announced on November 14, this acquisition allows the crypto exchange to offer an expanded suite of services to eligible Australian users, including deposit products, ...
A new report has indicated that Binance and Crypto.com are losing market share to smaller competitors as decentralized exchanges (DEXs) gain popularity. Binance, the largest cryptocurrency exchange globally, saw a 13% drop in spot trading volume over the past year, declining from 52.5% in October 2023 to 39.5% in October ...
