News 
Coin Information 
About us 
Customer Service 
Binance executives reportedly met with officials from the U.S. Treasury Department last month to request reduced government oversight and explore a potential partnership with World Liberty Financial, a crypto firm tied to former President Donald Trump, according to the Wall Street Journal.
During the meeting, Binance representatives asked the Treasury to remove a U.S.-appointed monitor currently overseeing the exchange’s compliance with anti-money laundering (AML) regulations. The monitor had been assigned as part of ongoing scrutiny into Binance’s past regulatory violations, including allegations related to illicit financial activity.
Sources familiar with the discussions said Binance is also in talks to list a new U.S. dollar-pegged stablecoin issued by World Liberty Financial, a crypto venture aligned with Trump’s post-presidency business interests. The move signals Binance’s intent to align itself with more favorable political and regulatory allies in the United States, as the crypto industry anticipates changes in federal oversight under the current administration.
While neither Binance nor the U.S. Treasury has issued a public statement confirming the outcomes of the meeting, the discussions underscore the exchange’s ongoing efforts to repair its reputation and expand its influence in the American crypto landscape. The potential stablecoin listing could mark a significant step for Trump-affiliated crypto projects, especially as regulatory uncertainty continues to challenge broader market adoption.
The developments come amid heightened global scrutiny of centralized crypto exchanges and stablecoin issuers. Binance, once the world’s largest crypto exchange by volume, has faced mounting legal and regulatory hurdles in the U.S., including lawsuits from the SEC and CFTC. A partnership with World Liberty Financial could reshape its positioning ahead of the 2024 U.S. elections, with political influence playing a growing role in crypto market dynamics.
Comment 0