🚨WSJ Report on #Binance & $TRUMP Administration (May 19, 2025):
🔹Binance execs met with U.S. Treasury officials seeking relaxed regulations.
🔹Trump family reportedly discussed investing in Binance.US—raising ethical concerns due to Binance's past AML violations.
🔹Zhao Changpeng (@CZ ) has applied for a pardon after serving time for related charges.
🔹Trump-affiliated firm, World Liberty Financial, controls 60% by the family, with $75M investment from Justin Sun.
Trump administration is pushing two major crypto bills:
🔹Stablecoin regulation bill (Senate vote expected soon)
🔹Bill defining SEC vs CFTC crypto jurisdiction
Democratic pushback focuses on potential conflicts of interest and Trump-linked crypto ventures.
This aligns with broader trends of rising institutional and political entanglement in crypto policy and market activity.