Trump Media & Technology Group has halted plans to set up a CRO-based cryptocurrency reserve company and related digital-asset businesses it had pursued with Crypto.com. It said it mutually agreed with Crypto.com and Yorkville Acquisition to end the “Trump Media Group CRO Strategy,” existing service contracts and plans for digital-asset products. Trump Media also shelved a plan to integrate a prediction market into Truth Social, shifting to a marketing deal instead.

As the U.S. Senate’s Clarity Act stalls, analysts say big crypto firms such as Coinbase and Circle are benefiting from the regulatory delay, while smaller companies, DeFi projects and community banks bear heavier uncertainty. Ark Invest increased holdings in Coinbase and Circle, and Circle secured federal national trust bank approval in July. The bill has grown in length, would split SEC and CFTC oversight, and impose disclosure, registration and AML duties. Bitcoin has slipped, and spot ETF inflows hit a monthly low.