Changpeng Zhao, the founder of Binance, who was convicted of violating anti-money-laundering requirements, is pushing for clarification from the Trump administration.
Zhao, known as CZ, is the largest shareholder of Benance, despite the CEO of the company after the company’s $ 3.3 billion settlement with US officials in 2023.
According to the Journal, the US The negotiations began when the negotiation began when contacting Binance Trump Allies as part of a strategy to re -enter the market.
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Possible investments can be directly made by the Trump family or by the World Liberty Financial, supported by the trumps that began in September.
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Long -long Trump friend Steve Witcoff, who served as his top negotiator in the Middle East and Ukraine, has been involved in negotiations, though the administrative officer rejected the journal.
For Binance, the U.S. of the apology for Zao is the U.S. Regulatory obstacles to returning to the market will clear and facilitate international business operations.
Following regulatory actions, the company’s US Its market share in hand has increased to more than one percent than only one percent.
For the Trump family, the US The share of Benance in will once participate in a potential resurrection of a large crypto trading platform when regulatory restrictions on the administration industry will be returned.
Discussions, if confirmed, also raise unprecedented conflicts of interest questions as Trump continues to mix his presidential powers and business interests.
Unlike the previous presidents who placed wealth in the blind trust, Trump has kept his holdings under family control while he continues to make business deals.
The news came as a United Arab Emirates Fund MGX, chaired by the UAEA President’s brother, announcing Thursday that it had invested $ 2 billion to take a minority stake in Benance.
State -backed MGX is also included in the Stargate, the main artificial intelligence project of the United States, which has been championed by Trump.
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