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Crypto.com President Eric Anziani on the Exchange’s Ambitious Global Plans

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Few crypto exchanges have been as busy in the last few months as Crypto.com.

The company recently received a license from MiCA to operate in the E.U., and also in December voluntarily withdrew the lawsuit it filed against the SEC after receiving a Wells notice from the agency last summer (the withdrawal happened just a day after Crypto.com CEO Kris Marszalek met with then President-elect Donald Trump at Mar-a-Lago). Not long after that meeting, the exchange announced it would re-enter the U.S. institutional exchange business after abandoning it in mid-2023 due to “limited demand.”

Crypto.com also said in January it would allow its U.S. customers to trade stocks and ETFs in addition to crypto, and acquired several brokerage firms to further build out its offerings. And Crypto.com continued to be very active on the sports naming rights front, announcing deals with Formula 1 and the UEFA Champions League to further build on its monumental $700 million deal to rename the Los Angeles Lakers’ stadium back in 2021.

This series is brought to you by Consensus Hong Kong. Come and experience the most influential event in Web3 and Digital Assets, Feb.18-20. Register today and save 15% with the code CoinDesk15.

Here, Crypto.com president Eric Anziani, who will be a speaker at Consensus Hong Kong, discusses his company’s latest plans, and the importance of Asia to Crypto.com’s future.

This interview has been condensed and lightly edited for clarity.

What are Crypto.com’s plans for the EU now that it’s received a MiCA license?

We were extremely proud to have been the first major global crypto asset service provider to receive a MiCA license, which means we can provide our market-leading range of crypto services across the EU under a streamlined and robust framework bringing a significantly improved degree of transparency to the sector.

We have always been supportive of MiCA and believe it will build trust and establish a more uniformed sentiment towards the regulation of our industry across the EU, while also safeguarding consumers and helping advance innovation. The EU is a growing and vital hub for crypto investment, and we look forward to offering more of our products and services to our millions of EU users.

What can you say about Crypto.com’s withdrawal of its lawsuit against the SEC?

We withdrew our action against the SEC given our intent to work with the incoming administration on a regulatory framework for the industry.

What are your major near- and long-term goals for Crypto.com?

We’ve got an exciting and busy year ahead as we push forward with our vision to offer users the most comprehensive platform for a broad range of financial investment services. Key to our success is our focus on product development. We released our 2025 Roadmap late last year detailing our goals and product strategy for the year ahead, most of which revolve around broadening our product and service portfolio by integrating offerings that were once confined to traditional financial services, like stocks, banking and card programs, into Crypto.com.

We also recently announced the acquisition of several brokerages such as Watchdog Capital and Orion Principals, which will allow us to expand these services even further. And we also recently launched stock and ETF trading in the U.S. We see a significant opportunity to not just continue to serve and lead the crypto market, but to be a driving force in effectively bridging traditional and digital finance.

What is Crypto.com’s latest strategy with respect to sports naming rights deals?

Our signature sports partnerships have played a pivotal role in making Crypto.com one of the most well-known and trusted brands globally. We have many long-standing sports partnerships with brands that we are honored to work with, and in the past few months we have announced the renewal of our F1 partnership until 2030, as well as becoming the first and exclusive global cryptocurrency platform partner of the UEFA Champions League.

What role do you see Asia playing in the global crypto economy?

Asia has always been a major market for us. We’re proudly headquartered in Singapore and licensed by the Monetary Authority of Singapore — a global leader in effective crypto regulation. The number of “digitally native” people in the Asia Pacific region, particularly among younger generations, is growing all the time, meaning there is an ever-growing pool of users who are supporting this growth in digital consumption and that’s only going to continue expanding and contributing to the crypto industry’s development.

There’s also a huge talent pool of young tech-savvy entrepreneurs, which is why we chose to set up our global innovation lab in Singapore, making it our designated R&D hub. The lab team is experimenting with frontier technologies and identifying novel applications for blockchain, Web3 and AI.

What are the biggest challenges to Web3’s development in Asia?

The Asia region has a complex financial demographic that includes a significant underbanked or unbanked population, alongside a digitally-savvy population with high mobile internet connectivity and smartphone penetration. So for us it’s also about how we reach those who have been historically underserved and offer them the financial tools and opportunities they need.

A lot of this expansion will come down to regulatory environments — for example places like Singapore have implemented clear, robust and innovation-friendly regulations, enabling the establishment of secure and trusted platforms. But other regional jurisdictions are still lagging behind on clear regulatory frameworks for exchanges and digital assets.

You’re deeply involved in the blockchain and start-up world in Singapore through various organizations. What are your main priorities there for 2025?

Singapore is our global headquarters, and we are very proud to be part of Singapore’s flourishing digital asset and fintech community. We work with both regulators and industry players with the aim of building an innovative and responsible Web3 ecosystem, by balancing the needs of industry for regulatory clarity and fit-for-purpose policies, as well as market integrity and consumer protection.

Going into 2025, we continue to play a leading role in supporting local players and industry associations to constructively engage with the authorities on topics such as consumer protection, scams, staking and responsible advertising through workshops, focus groups and industry papers.

Talent development is also an important focus for us. For example, we were an industry partner for GFTN (Global Financial Technology Network, formerly Elevandi, and organizer of the Singapore Fintech Festival) for their inaugural Blockchain Guardians Program in 2024. This intensive ten-week program for pre-university students aimed to develop the next generation of fintech leaders with the dual skill sets of digital asset savviness and a robust compliance mindset.

What are you most excited to discuss on stage at Consensus Hong Kong?

We go into 2025 with a really positive mindset. The industry has turned a corner in the last year, coming through the bear market and proving its resilience once again. I am looking forward to discussing all the incredible innovations and products that are going to be introduced into the digital assets space this year, what that means for cryptocurrency adoption and how we continue mainstreaming crypto and bridging financial technologies.

Is there anything else you think is important to mention?

More jurisdictions globally are focused on designing effective regulation which will further responsible innovation and enhance consumer and institutional trust in our industry. This will be vital for boosting adoption and further encouraging traditional financial institutions to engage with blockchain and digital asset technologies — an exciting trend we’re going to see a lot more of in 2025.

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Is Crypto Ready for Q-Day?

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Are you ready for Q-Day? Do you even know what Q-Day is? If you don’t, you’re sleepwalking into a digital apocalypse that’s not coming—it’s already here.

Q-Day isn’t some distant theoretical event. It’s the moment quantum computing shatters every lock, breaks every code, and renders every secret naked. While your most powerful supercomputer would need billions of years to crack modern encryption that currently secures crypto wallets, blockchains, digital banking assets, and WhatsApp chats, a quantum computer could do it over lunch. Every «secure» transaction, every «private» communication, every «protected» system becomes an open book.

As Jay Gambetta, Vice President of IBM Quantum, warns: «The quantum threat isn’t coming—it’s here. Nation-states are harvesting encrypted data TODAY, betting they’ll decrypt it tomorrow. If you’re not quantum-safe now, you’re already compromised.»

Your Data Is Already Stolen

Let me be brutally clear: whether Q-Day arrives in one year, two years, or five years is completely irrelevant. Why? Because of «Harvest Now, Decrypt Later» attacks. Right now, as you read this, malicious nation states and criminal actors are vacuuming up encrypted data including medical records, financial transactions, state secrets, and your personal communications. They can’t read it today, but they’re betting on quantum to unlock it tomorrow.

Computer scientist Deborah Frincke from Sandia National Laboratories doesn’t mince words: «Pretty much anything that says a person is who they say they are is underpinned by encryption. Some of the most sensitive and valuable infrastructure that we have would be open to somebody coming in and pretending to be the rightful owner and issuing commands to shut down networks, influence the energy grid, or create financial disruption.»

The Crypto Carnage

In May 2025, BlackRock, the world’s largest asset manager with $11.6 trillion under management, did something unprecedented. They added quantum computing as a critical risk warning to their Bitcoin ETF filing, warning that quantum advances could «undermine the viability» of cryptographic algorithms used not just in Bitcoin but across the entire global tech stack.

Researchers warn that 4 million bitcoin—roughly 25% of all usable BTC—could be stolen once quantum computers advance enough to break their encryption. Leading quantum expert. It’s not just Bitcoin. Ethereum and most blockchains today rely on Elliptic Curve Cryptography, and quantum will shatter that. Experts predict that Q-Day will come within the next five-to-seven years, but it could be sooner. Quantum is coming for bitcoin like meteors came for the dinosaurs.

Ethereum co-founder Vitalik Buterin has already proposed emergency hard-fork solutions for when quantum computers crack Ethereum accounts. The Ethereum blockchain would need to be paused for an unknown time until it’s restored to a new quantum-resistant blockchain, a process that could take years. Behind closed doors at private crypto conferences, influential cryptographers and business leaders are concerned about a potential catastrophe where a computer strong enough to reverse engineer wallets’ private keys could flood exchanges with ancient Bitcoin, sending prices spiraling.

The Infrastructure Apocalypse

This isn’t about losing your Netflix password. This is about the complete collapse of digital trust across Bitcoin wallets, Ethereum smart contracts, DeFi protocols, banking systems, power grids, military communications, healthcare records, and government secrets. By leveraging its computational power, a quantum miner could consistently solve the mathematical puzzles required to add new blocks to the blockchain, transforming mining from a decentralized global industry into an oligopoly controlled by quantum-capable entities.

Some optimists say we have until 2030 before quantum computers can break encryption. They’re missing the point entirely. The damage is being done today. Every piece of data transmitted now is a future casualty. According to a December 2023 Reuters report, Tilo Kunz of cybersecurity firm Quantum Defen5e told Defense Information Systems Agency officials that Q-day could come as soon as 2025. Google Quantum AI has already lowered the barrier to breaking widely used RSA-2048 encryption to fewer than one million qubits, dramatically reducing the resources needed for crypto-breaking quantum attacks.

The Only Way Forward

Forget patches, updates, or hoping someone else will solve this. Quantum resistance must be built into the foundation, not bolted on as an afterthought. We need post-quantum cryptography that can withstand both classical and quantum attacks, quantum-resistant digital signatures using hash-based and lattice-based cryptography, complete blockchain infrastructure overhauls, immediate migration from vulnerable crypto addresses, and action now, not committees discussing action later.

QRL’s Iain Wood warns: «It is now no longer controversial to say that all blockchains that exist by 2035 will have to be post-quantum secure.» Researchers at the University of Kent say that upgrading to post-quantum crypto-systems could take 75 days of downtime for Bitcoin, or over 300 days if the network operated at 75% capacity. Think about what that means for a trillion-dollar asset class.

The Bottom Line

Q-Day isn’t a future problem—it’s a present crisis. While everyone’s chasing AI dreams, the quantum nightmare is unfolding. The harvest is happening now. The decryption is coming. 2025 is probably our last chance to start migration to post-quantum cryptography before we are all undone by cryptographically relevant quantum computers.

Stop asking when Q-Day will arrive. It’s here. The only question is: will you be ready, or will you be roadkill on the quantum highway? In the quantum age, there are only two types of data: quantum-safe and future-compromised.

For crypto holders, there are only two types of digital assets: post-quantum secured and future-worthless. Your Bitcoin, your Ethereum, your entire crypto portfolio hangs in the balance. The quantum clock is ticking, and every second you wait is another step toward total cryptographic annihilation.

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Litecoin Slides as ETF Optimism Battles Wider Market Slowdown

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Litecoin (LTC) has traded sideways over the last 24-hours, after coming down from a two-week high above the $88 mark. The token has been bouncing between $85 and $87 in today’s trading session, underlining a tug-of-war between dip-buyers and sellers who treat $87 as a ceiling.

Charts hint at a looming “golden cross,” the moment a 50-day moving average climbs above the 200-day line, according to CoinDesk Research’s technical analysis data model.

The pattern often precedes multi-week rallies, yet momentum remains weak until bulls punch through $87. The wider crypto market, as measured by the CoinDesk 20 (CD20) index, dropped just 0.25% over the last 24 hours.

Future prospects tell a bright story. Bloomberg analysts on Monday raised the chance that the Securities and Exchange Commission will green-light spot exchange-traded funds for XRP, solana and litecoin to 95% by year-end.On Polymarket, the odds stand at 86%.

Approval would give mainstream investors a simple way to own LTC through brokerage accounts, potentially broadening demand.

Technical Analysis Overview

Over the past 24 hours, Litecoin’s price swung through a $2.09 range, equal to a 2.46% move, as traders tested both support and resistance levels. Sellers stepped in forcefully around $86.65 to $87.10, a zone confirmed by a surge of high-volume selling.

Yet buyers have repeatedly defended the area between $85.02 and $85.23, which acted as a floor during midday trading on July 1.

While the broader 24-hour chart sketches a bearish tone, marked by lower highs that trace a descending trendline, shorter time frames hint at brewing optimism.

Litecoin earlier began to recover, climbing modestly from $85.22 to $85.59, a 0.43% increase. The rally gained traction during a brief window, when buying volume spiked past 5,500 tokens per minute, helping LTC break above a minor resistance at $85.50.

Another pocket of support surfaced between $85.03 and $85.18 during the same hour.

Combined with a short-term ascending channel showing higher lows, the pattern suggests that despite bigger-picture caution, LTC could be staging an attempt at upward momentum.

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Mastercard to Expand Crypto Team With Two Senior Hires to Drive Blockchain Initiatives

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Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain.

The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a Vice President, Head of Financial Institutions (FI) Growth, both based in the U.S.

“Excited to share two open roles on my team as Mastercard continues to build the next generation of payments and drive innovation across digital assets,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, wrote in a LinkedIn post.

The first role will oversee strategic partnerships across the digital asset sector, working with issuers, infrastructure providers and startups to scale solutions like Mastercard’s Multi-Token Network (MTN) and Crypto Credential. The second role will focus on collaborating with financial institutions to develop blockchain uses, such as business payments, cross-border transactions and tokenized assets.

Mastercard has been among the most active traditional finance firms exploring crypto, establishing ties across the ecosystem for years. Most recently, the company announced plans to integrate more stablecoins into its global payments network, building on existing support for Circle’s USDC. It is also rolling out stablecoin-based cross-border transactions through Mastercard Move.

In an interview with CoinDesk earlier this year, Dhamodharan said Mastercard’s goal is to act as a bridge between blockchain networks and traditional finance, providing regulatory clarity while enabling new business models.

He added that financial institutions need to “be very open to making [crypto] available as broadly as possible.”

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