In contrast to the presidential remission, Trump may appear at Binance – Cryptotives
Donald Trump’s approach to the cryptocurrency sector is increasingly clear. Between Crypto reservations, and pressure to pass the legislation and efforts made to make US Securities SEC (SEC) some lawsuits against industry companies decrease, the US President continues to move forward with his plans to make the country in the “Crypting capital” – and the fruits of these efforts. This Thursday, the Wall Street Journal revealed this Even the Trump family representatives will negotiate a possible participation in the American arm of the encrypted currency platform.
This approach occurs between the American president and the company despite the troubled past of Binance. In November 2023, the founder and CEO so far resigned to the platform, Changpeng Zhao (known as CZ) He announced a comet in the money laundering process. The businessman spent four months in prison and was sentenced to a fine of $ 50 million. Bennes was already a 4.3 billion charge.
Recently, CZ is trying to obtain a presidential remission by the Trump administration to be able to take over Binance colleagues, According to the same newspaper. Despite his resignation from the position of CEO, Zhao is still the largest on the platform and may be used The power of influence within Binance to ensure the participation of the American President, in exchange for tolerance. However, it is still unclear whether this participation in the company will bear it by the US President himself or through his company -related to the encryption sector, World Liberty Financial, which was launched in September last year.
Last week, Trump signed an executive order to create a “strategic reserve” of Bitcoin, with the assets seized by the American court. In the end, this movement was disappointed by the disappointment of investors and stakeholders in the industry, because the world’s largest economy leader has previously promised to strengthen this reserve with Buy bitcoin and another series of digital currencies.
The plans were not completely outside the table, but Trump’s approach to the sector was increasingly clear. The US President has already launched his “Mimi currency” and established a “business squad” inside SEC itself to organize the encryption sector. In the aftermath of this decision, the American organizer dropped the operation that was already underway against Coinbase and Judicial Battle is postponed with Binance – Who can now get the name Donald Trump among his shareholders.
