Trump Media halts 2 crypto projects with Crypto.com

Trump Media & Technology Group has decided to halt two cryptocurrency-related projects it had been pursuing with Crypto.com, Axios reported. The two companies agreed to terminate a previously announced service agreement and plans for certain cryptocurrency products. Interim Trump Media CEO Kevin McGurn said the company wants to focus on its media businesses, including Truth Social, and on its merger with energy startup TAE Technologies. McGurn added, "TAE" hopes to complete the merger before year-end.