President Donald Trump’s media group associates with Crypto Exchange based in Singapore Bitcoin and other non-specified digital assets, ETF will include Cronos, a cryptocurrency with links with Crypto.com, the press release said.
The partnership puts Trump’s media company, of which Trump has a majority participation, in business with a company that was recently in the reticle of American regulators. In August of the last year, Crypto.com received a notice from Wells, a letter from a government agency given to a defendant that the agency intends to continue them, from the Securities and Exchange Commission alleged that it had violated the securities laws. Before the agency filed an official complaint against the company, Crypto.com continued the dry by claiming that it operated outside its jurisdiction. However, Crypto.com withdrew his complaint in December after the CEO, Kris Marszalek, met President-elected Trump in Mar-A-Largo. TMTG did not immediately respond to Fortunerequest for additional comments.
The Singapore -based company quickly became one of the most popular centralized crypto exchanges, from the highest 13th by exchanging volume in the last year, according to data collected by Crypto Analytics Platform Coingecko.
This story was initially presented on Fortune.com
