Binance is in talks with the U.S. Treasury to reduce federal oversight, including removing a court-appointed compliance monitor, as part of a broader effort to improve its regulatory standing. This development follows Binance's 2023 guilty plea to anti-money laundering violations.
Simultaneously, Binance is reportedly negotiating a partnership with World Liberty Financial, a crypto venture linked to Donald Trump. The discussions include potentially listing a Trump-backed stablecoin, USD1, and exploring a Trump-affiliated investment in Binance.US. These talks mark a strategic move by Binance to rebuild its image while aligning with influential political and financial interests.
