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According to The Wall Street Journal, the US President Donald Trump’s family is acting with Binance to gain participation in the US subsidiary’s largest cryptocurrency platform in the world.
Strategic alliances between Trump and Binance family
The Trump family would address Binance representatives in 2024 as part of a plan focused on binance re -operations. According to the sources of The Wall Street Journal, these discussions took place, while ChangPeng Zhao, billionaire founder of Binance, in the United States in the United States for violating US banking laws made a four -month imprisonment. The report suggests that Zhao would also put pressure on Trump’s administration to gain presidential mercy.
The exact methods of this potential participation remain unclear. This agreement could take several forms, including the direct participation of the Trump family in Binance or through Liberty Financial, a cryptoporite company supported by Trump and launched in September 2024. This last option would allow the US President to integrate the ecosystem of the binance while maintaining some distance from the platform.
The report of these negotiations is part of a wider context in which Donald Trump was the first “crypto president” of the United States. Since its return to the White House in January 2025, Trump has launched its own official (Trump) and actively supported the acceptance of cryptocurrencies. His wife Melania also launched her own cryptocurrency, while his son Eric Trump was particularly loud in his support for Bitcoins and other digital active ingredients.
A contrast reaction to this possible alliance
A few minutes before the publication of Wall Street Journal, Donald Trump spoke on his social social network to criticize the newspaper and accuse him of spreading false information.
” Wall Street Journal, Globalist newspaper, has no idea what he is doing or says. It is subject to a corrupt idea of the European Union, created mainly to make fun of the United States of America, “He wrote the US President without expressing information about negotiations with Binance.
Richard Teng, the current CEO of Binance, did not directly comment on its part in hours that followed its publication. On the same day, however, he spoke about X (formerly Twitter) to say hello to Donald Trump as ” Catalyst Pro-Krypto Changes of the World”
During an interview with the CNBC Teng, he said that the cryptocurrency industry largely prefers Trump’s administration to the previous one and declares: “ If you ask someone in the cryptographic industry, people prefer current administration over the previous. »»
Yet this perhaps alliance evokes mixed reactions in the crypto community. Some Bitcoin supporters are not entirely satisfied with the approach for multi-conspiracy received by Trump administration and prefer the strategy focused exclusively on bitcoins as a national reserve.
In addition, the Democrats in the House of Representatives expressed their concerns about falling during the same Trump and treated so far that they proposed legal regulations aimed at banning the emission of the same US official.
Potential turnover point for crypto regulation in the United States
This possible entry of the Trump family into the capital Binance.US could mean a decisive turning point for crypto regulation in the United States. After years of tense relations between US authorities and exchanges such as binance, it could converge with the presidential family to point out a new era of closer cooperation between the cryptov grounds and the US government.
If the agreement took place, binance could also offer the opportunity to restore its coat of arms to the United States after the legal problems that its founder encountered. For the Trump family, this alliance would be to deepen its involvement in the crypt sector and strengthen its influence in this growing industry.
At present, neither Binance nor the official representatives of the Trump family have publicly confirmed or deserted this information. The crypto community and financial markets continue to await specific developments on these negotiations that could redraw the landscape in the United States.
Meanwhile, Binance received a massive investment of $ 2 billion from MGX yesterday, an investment fund based in Abu Dhabi.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.