Cronos (CRO), the native token of Crypto.com, soared 11% on March 27, 2025, following news that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the crypto exchange without pursuing enforcement action. With Bitcoin and the crypto market buzzing, this resolution marks a pivotal moment for Crypto.com and its token, boosting investor confidence amid a pro-crypto regulatory shift.
The SEC’s probe, which began with a Wells notice in October 2024 alleging Crypto.com operated as an unregistered broker-dealer, had cast uncertainty over the platform. Crypto.com fought back with a lawsuit against the SEC, challenging its jurisdiction—a bold move that paid off as the agency backed down. The closure, announced late Wednesday, sent CRO from $0.10 to $0.11 in hours, adding nearly 40% to its weekly gains and pushing its market cap past $2.9 billion.
Crypto.com’s leadership celebrated the outcome as a win for compliance-focused innovation. The exchange, which processed $1.2 billion in transactions via BitPay alone last year, has leaned into its regulated image—offering trading fee discounts and staking rewards through CRO. This aligns with a broader market upswing; stablecoins like USDC ($60 billion market cap) and Bitcoin ETFs ($35 billion in 2024 inflows) reflect growing institutional trust, spurred by Trump’s March 6 Bitcoin reserve order.
The rally wasn’t just about relief. Posts on X lit up with speculation about Crypto.com’s next moves, including a rumored partnership with Trump Media for “Made in America” ETFs blending CRO and BTC. While unconfirmed, such buzz—coupled with CRO’s role in Japan’s real estate deals via XRP and Solana—hints at expanding utility. Still, volatility looms; CRO’s 840% climb from its all-time low contrasts with an 88% drop from its $0.99 peak, per market trackers.
Challenges persist. Critics flagged Crypto.com’s 2024 re-issuance of 70 billion burned CRO tokens, calling it a centralization red flag despite a five-year lockup. Regulatory clarity remains patchy—South Korea’s exchange bans this week underscore global risks. Yet, for now, CRO’s surge reflects a market betting on Crypto.com’s resilience and the SEC’s retreat as a green light for growth.ommerce, supporting everything from coffee shops to real estate deals—like Japan’s Open House Group accepting XRP and Solana—making them key players in 2025’s financial evolution.
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