Crypto giant Binance is reportedly making moves to re-enter the U.S. market—and it may have a powerful ally in Donald Trump.
According to a Wall Street Journal report, Binance executives met with U.S. Treasury officials last month to negotiate the removal or reduction of a federal monitorship imposed after the exchange’s $4.3 billion guilty plea in 2023 for anti-money laundering (AML) violations.
At the same time, Binance has been exploring a potential partnership with World Liberty Financial (WLFI), a Trump-linked DeFi venture planning to launch a dollar-pegged stablecoin (USD1). Listing this token on Binance could generate billions for the Trump family, who control over 60% of WLFI—a project currently losing millions.
How Binance & Trump Could Help Each Other
1. Binance Seeks Regulatory Relief
- Since its record $4.3B settlement, Binance has operated under strict U.S. oversight.
- The exchange wants to reduce compliance burdens to regain market share.
- A Trump administration shift in crypto policy could ease restrictions.
2. Trump’s Crypto Ambitions Get a Boost
- WLFI’s USD1 stablecoin could gain massive liquidity if listed on Binance.
- Binance’s 250M users & $65B daily volume would supercharge Trump’s crypto venture.
- Reports suggest Trump allies may buy a stake in Binance.US, the exchange’s struggling American arm.
3. A Pardon for CZ?
- Binance is also seeking a presidential pardon for founder Changpeng “CZ” Zhao, who served 4 months in prison for AML violations.
- Trump has previously pardoned crypto figures, including BitMEX co-founder Arthur Hayes.
A New Era of Crypto Politics?
The reported Binance-Trump alliance highlights a major shift in Washington’s crypto stance:
✔ Regulatory rollbacks under a potential Trump presidency could benefit exchanges like Binance.
✔ Former enforcement targets may now find political support from the White House.
✔ Critics warn this could reward “bad actors” while undermining crypto compliance efforts.
What’s Next?
- If Binance succeeds in lifting U.S. restrictions, it could regain dominance in American markets.
- A Trump-linked stablecoin on Binance would be a major financial win for his family.
- The situation raises questions about regulatory fairness and political influence in crypto.
