Crypto.com has officially approved the contentious re-minting of 70 billion CRO tokens, despite considerable community backlash, thanks to a sudden influx of votes from validators controlled by the exchange.

During the voting, participation topped 70% with 61.18% support, even though 78% of the validators voted against the proposal, highlighting the influence of Crypto.com over its validator network.

The re-minting paves the way for possible upgrades on the Cronos blockchain and new CRO ETF proposals. However, dissatisfaction within the community is rising, especially following the proposal to burn only 50 million CRO.