Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
crypto.news 2025-03-13 13:45:02

Trump family in talks for Binance stake amid push for CZ pardon: WSJ

Trump family in talks for Binance stake amid push for CZ pardon: WSJ

The Trump family has discussed acquiring a stake in Binance.US, the American subsidiary of Binance, the world’s largest cryptocurrency exchange. These negotiations come as Binance founder Changpeng Zhao, known as CZ, seeks a presidential pardon following his guilty plea in 2023 for violating anti-money-laundering laws, according to The Wall Street Journal. The talks reportedly began after Binance reached out to Trump’s allies last year, looking to reestablish a presence in the U.S. market. The potential deal could involve the Trump family directly or be conducted through World Liberty Financial , a Trump-backed cryptocurrency venture launched in September. However, it remains unclear whether the stake would be contingent on a pardon for Zhao. Steve Witkoff, a close Trump associate and the administration’s top negotiator for the Middle East and Ukraine conflicts, has played a role in these discussions, sources say told WSJ . You might also like: EXCLUSIVE: Copper and Figment partner to expand institutional staking Binance’s legal and business challenges Binance has faced intense regulatory scrutiny in the U.S., culminating in a $4.3 billion settlement with authorities in 2023 over alleged facilitation of illicit transactions. As part of the agreement, Zhao stepped down as CEO and served four months in prison but remains Binance’s majority shareholder. In recent months, Binance has been positioning itself for a return to the U.S. market. The exchange set up an internal working group under CEO Richard Teng to explore legal pathways, acknowledging that Zhao’s criminal conviction could hinder its reintegration. Trump’s pro-crypto stance has added momentum to Binance’s efforts. His administration has been rolling back regulatory restrictions on the industry, signing executive orders that benefit digital asset firms. The potential Trump-Binance deal raises concerns about conflicts of interest, as it would mark an unprecedented overlap between the presidency and private business dealings. Unlike past presidents, Trump has maintained control over his assets through his family, allowing them to pursue business ventures while he remains in office. Separately, Binance executives have reportedly studied the case of Justin Sun , a crypto entrepreneur facing SEC charges, who invested $30 million in Trump’s World Liberty Financial last year. Following Sun’s investment, the SEC paused its fraud case against him, leading Binance to consider a similar strategy, sources told the WSJ . The exchange recently secured a $2 billion investment from UAE-backed firm MGX. You might also like: RED price surges 18% after a slew of developments in a single day, boosting trading volume by over 200%

Most Read News



Cryptohopper
Market Cap
24h Vol
60.37%
Bitcoin Share
602
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.