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Trump's Interest in Binance US Fuels CZ Pardon Speculation

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by Giorgi Kostiuk

4 hours ago

Recent reports suggest the Trump family may be negotiating to acquire a stake in Binance US, causing a stir in the crypto community.

Trump's Growing Ties to Crypto

Once opposed to cryptocurrencies, the Trump family now embraces them, particularly during the 2024 presidential campaign, accepting donations in Bitcoin, Ethereum, and Solana.

CZ's Pardon Request and the Political Angle

Former Binance CEO Changpeng Zhao's pardon request to Trump following his guilty plea to anti-money laundering violation raises questions. Many speculate on the political implications of a Trump-Binance deal.

WSJ got it wrong. I have had no discussions of a Binance US deal.

The Crypto Community Reacts

The potential for the Trump family to own a stake in Binance US divides opinions in the crypto world, splitting optimism for legitimacy and fears of centralization. Commentator Ed Krassenstein expresses concerns over such investments.

Trump and Melania literally open a meme coin where they own 80% of the tokens. Now this?

The Trump-Binance US story remains speculative but carries significant implications for the US crypto industry.

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