Bitcoin Magazine
Trump Media Pulls Back From Crypto Deals: Report
The President Donald Trump-backed media company, Trump Media and Technology Group, is pulling back from two of its crypto deals, according to a report by Axios.
The publication reported Friday that the two deals with Crypto.com — a prediction market and treasury — would not go ahead.
Citing comments from fusion energy company TAE’s interim CEO, Kevin McGurn, the publication said that Trump Media had pulled the deals as the market for digital asset treasury companies had become saturated over the past year.
Trump Media last year said it was working with crypto exchange Crypto.com to build a Cronos treasury with $6.4 billion in backing. Cronos is the native coin of Crypto.com’s platform.
It later in 2025 said it was working with Crypto.com on Truth Predict, a betting platform to allow users to put money on sports games, elections and other events.
Digital asset treasuries exploded in popularity last year, with companies following in the footsteps of Nasdaq-listed software company Strategy to build balance sheets with Bitcoin and other cryptocurrencies.
But a slump in prices since October has hurt the stock of a number of companies who adopted the business idea.
McGurn was quoted saying that the decision to scale back was driven more by “competitive dynamics” rather than regulatory concerns surrounding a crypto company backed by the president.
President Trump campaigned on a ticket to help the crypto space and received backing from major players in the space.
The president since taking office has launched a meme coin and he and his family backed a crypto project, World Liberty Financial.
Axios added that the exchange-traded funds debuted last year by Trump Media, special purpose acquisition company Yorkville Acquisition Corp., and Crypto.com would continue.
This post Trump Media Pulls Back From Crypto Deals: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine
Dubai-Based Emirates Airline Adds Bitcoin and Crypto Payments
People can now pay with Bitcoin to buy flights from Dubai-based airline Emirates.
Working with Crypto.com, Emirates said Tuesday the customers now have the option to book flights using the crypto exchange’s payment feature.
Crypto.com and Emirates last year announced they would work together.
Emirates’ Deputy President and Chief Commercial Officer Adnan Kazim said the move “reflects the rapidly evolving preferences of a younger, digitally fluent generation who manage their money and plan their journeys primarily from their phones and they expect the airlines they fly with to keep pace.”
Emirates first teased plans back in 2022 to implement Bitcoin payments; the latest move allows Crypto.com customers to use any digital assets to make payments.
Under the new setup, travelers with a Crypto.com account can select Crypto.com Pay at checkout when booking on emirates.com or through the Emirates App.
The option is limited for now to eligible UAE residents making bookings priced and settled in Emirati Dirham.
The integration runs through Crypto.com’s Dubai-licensed entity, which the company says was the first virtual asset service provider to receive a Stored Value Facilities license from the Central Bank of the UAE.
The launch also feeds into wider government targets. It supports Dubai’s Cashless Strategy, part of the D33 Economic Agenda, which is aiming to make 90% of transactions across the emirate’s government and private sectors digital by the end of 2026.
It follows on from an earlier Emirates partnership with Dubai Finance to advance digital payments, and comes after Crypto.com struck its own deal with Dubai Finance to accept digital payments for government services.
This post Dubai-Based Emirates Airline Adds Bitcoin and Crypto Payments first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
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