Crypto.com has decided to drop its lawsuit against the U.S. Securities and Exchange Commission (SEC) following a meeting between CEO Kris Marszalek and President-elect Donald Trump at his Mar-a-Lago residence. The two discussed potential crypto industry-related appointments and policies, including a Bitcoin strategic reserve, which led to Crypto.com's decision to withdraw its case with prejudice in a U.S. District Court. This move aligns with the incoming administration's crypto-friendly stance. The company expressed its intent to collaborate on developing a clear regulatory framework for digital assets. Trump’s administration is expected to have several pro-crypto figures in key roles, and other crypto platforms like Coinbase and Kraken have also faced challenges with the SEC.

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