In recent days, reports have emerged that the family of U.S. President Donald Trump is in negotiations to acquire a stake in Binance.US, the American branch of the cryptocurrency exchange Binance. These claims have sparked widespread discussions in both the technology and financial sectors.
According to the reports, Binance founder Changpeng Zhao (CZ) admitted to violating U.S. anti-money laundering laws in 2023 and allegedly offered business opportunities to Trump's allies to restructure the company’s operations in the United States. Within this framework, it is reported that the Trump family is negotiating to acquire a stake in Binance.US.
However, Changpeng Zhao has firmly denied these allegations, stating that no such agreement exists.
Amid these developments, the Trump administration's interest in the cryptocurrency industry has also drawn attention. Throughout his presidential campaign, Trump has maintained a pro-crypto stance and signed an executive order to establish a national Bitcoin reserve.
It is worth noting that in 2023, Binance and Changpeng Zhao agreed to pay $4.3 billion and $50 million in fines, respectively, for violating U.S. anti-money laundering laws. Following this, Zhao stepped down from his position as CEO.
Against the backdrop of these claims and denials, the future plans of Binance in the U.S. and the Trump administration's cryptocurrency policies continue to be closely monitored.
