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Crypto.com faces turmoil as rewards cut and deals collapse

Crypto.com encounters challenges with rewards slashing, executive departures, and failing multi-billion dollar deals.

04 September 2026 · 1 min read

Crypto.com faces turmoil as rewards cut and deals collapse

Crypto.com is currently navigating turbulent waters as it grapples with slashed cardholder rewards, executive departures, and a failed multi-billion dollar stablecoin-rewards-discussions-ahead-of-clarity-act/">collaboration linked to a Trump-affiliated company.

Cardholder rewards cut amid executive exodus

Crypto.com recently announced significant changes to its cardholder rewards, leaving many customers feeling frustrated and disillusioned. The platform's decision to reduce rewards comes at a time when the company is facing multiple challenges.

As of October 1, the cashback rates for tiered Crypto.com cards have been reduced significantly. For the