#VoteToListOnBinance

Investment of US$ 2 billion from MGX in Binance

MGX, a fund from Abu Dhabi focused on artificial intelligence, invested US$ 2 billion in Binance, marking the largest institutional investment in the cryptocurrency exchange. The investment was made in stablecoins, although the specific type has not been disclosed. MGX aims to integrate artificial intelligence, blockchain technology, and finance, aligning with Abu Dhabi's ambition to become a center for innovation in cryptocurrencies.

Discussions between the Trump family and Binance

Reports indicate that Donald Trump's family has had discussions about the possibility of acquiring a stake in Binance. Negotiations began when Binance offered a business deal to Trump's allies, aiming to allow the company to return to the United States after compliance issues with anti-money laundering laws. Changpeng Zhao, founder of Binance, sought a pardon from the White House, which could influence the potential deal.

Temporary suspension of the SEC's case against Binance

The U.S. Securities and Exchange Commission (SEC) and Binance filed a motion requesting a 60-day suspension of the case against the brokerage. This pause will allow both parties to negotiate a possible settlement or better prepare their arguments.

For more details and other news, you can access the provided links.