The Trump family has held talks about taking a stake in crypto exchange Binance, report says

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Donald Trump's family has discussed a potential stake in Binance, the world's largest crypto exchange, The Wall Street Journal reported on Thursday.

If successful, the talks would tie the US president to a firm guilty of breaching anti-money laundering requirements. While Binance still operates a limited US arm, its core business has exited the US and operates primarily overseas.

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According to the Journal, discussions started when Binance offered Trump allies a business deal last year in exchange for the company being allowed to return to the US. Meanwhile, sources indicate that founder Changpeng Zhao has been angling for a White House pardon.

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