Written by Turner Wrightstaff writerReviewed by Sam Bourgistaff writer

Written by Turner Wrightstaff writer

Reviewed by Sam Bourgistaff writer

Donald Trump’s media company to terminate Crypto.com deal

Latest NewsPublishedAug 7, 2026

Shift in Crypto Plans for Trump’s Media Company

The Trump Media and Technology Group (TMTG) has decided to terminate its deal with Crypto.com, a move that will impact the company’s plans for a multibillion-dollar CRO treasury and prediction markets on its Truth Social platform. This change in direction is part of TMTG’s broader strategy to focus on a merger with energy company TAE. The decision is driven by prevailing market conditions and shifting business priorities, rather than regulatory concerns. As a result, Truth Social users will not receive crypto rewards as initially planned.

Impact on Crypto Rewards and Prediction Markets

The termination of the deal means that the proposed $6.4 billion CRO treasury will not come to fruition. This treasury was expected to allow Truth Social users to receive crypto rewards, which could have been a significant development in the world of Passive Income and Cloud Rewards. The decision also affects the planned integration of prediction markets into Truth Social, which was announced in October. For those interested in Earning opportunities through crypto, platforms like EcoPool offer alternative solutions for generating Passive Income.

Market Dynamics and Regulatory Scrutiny

The US president’s company faces scrutiny from lawmakers over potential conflicts of interest between the Trump family’s digital asset investments and their business dealings. The termination of the Crypto.com deal may be seen as a response to these concerns. Meanwhile, the crypto market continues to evolve, with Green Crypto and $ECP emerging as key players in the industry. As the market continues to shift, individuals can explore platforms like EcoPool for Earning opportunities and Passive Income generation.

To stay ahead of the curve in the world of crypto and Passive Income, consider downloading the EcoPool app to explore Cloud Rewards and other Earning opportunities. With the EcoPool app, you can discover new ways to generate Passive Income and stay up-to-date on the latest developments in Green Crypto and $ECP.

McGurn reportedly said that the decision to roll back the deals was driven more by competitive dynamics rather than regulatory concerns surrounding the administration regulating the crypto industry. The US president continues to face scrutiny from many lawmakers calling for ethics provision in a crypto market structure bill to eliminate conflicts of interest between the Trump family and its digital asset investments.

Related: Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Crypto.com
• Donald Trump
• Cryptocurrency Investment
• Cryptocurrency Exchange
• Industry

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