The Clash Between Crypto Giants and Political Forces! CZ Meets with Trump-Linked Project, SEC Faces Crisis of Trust Amidst Meetings Between Crypto Giants and Political Forces, Concerns Raised Over SEC's Independence!
Recently, a significant piece of news has emerged in the cryptocurrency space. The Trump family's crypto project, World Liberty Financial (WLFI), announced on the X platform that its founders Zach Witkoff, Zak Folkman, and WatcherChase successfully met with Binance founder Changpeng Zhao in Abu Dhabi. The two parties discussed key issues such as promoting the global adoption of cryptocurrencies and setting new industry standards, aiming to create broader development opportunities for the cryptocurrency industry.
Changpeng Zhao himself also confirmed the meeting with Zach Witkoff and Bilal Bin Saqib on that day, and preemptively addressed potential negative reports, stating that he will continue to focus on building without outside interference.
This meeting comes at a time when the Trump family's crypto business is making frequent moves, and a series of developments have triggered scrutiny of the independence of the U.S. Securities and Exchange Commission (SEC). Eric Trump, Trump's son, plans to attend the Token2049 conference alongside Sun Yuchen and World Liberty Financial co-founder Zack Witkoff, and Trump's TRUMP dinner plan is also in progress. This series of events places immense pressure on the SEC; if it provides special treatment to digital asset projects closely linked to politics, it will undoubtedly raise questions about its impartiality, presenting a severe challenge for the new chairman, Paul Atkins.