Binance seeks to curb US oversight while in deal talks with Trump's crypto company, WSJ reports
ReutersApr 12, 2025 1:30 AM
April 11 (Reuters) - Binance executives met with U.S. Treasury Department officials last month and discussed loosening government oversight on the company, while exploring a deal with President Donald Trump’s crypto venture World Liberty Financial, the Wall Street Journal reported on Friday.
Executives from the cryptocurrency exchange asked Treasury officials to remove a U.S. monitor that oversees its compliance with anti-money-laundering laws, the newspaper said, citing people familiar with the talks.
Binance has also been in talks to list a new dollar-pegged cryptocurrency from World Liberty Financial, the report said.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
AI’s Next Battlefield: Broadcom’s TPU-Backed ASICs Challenge Nvidia’s GPU Dominance
TradingKey - Broadcom (NASDAQ: AVGO) recently secured a landmark $10 billion deal with OpenAI to supply custom AI accelerators, solidifying its leadership in the booming AI semiconductor market. Alongside its longstanding Google TPU partnership, this positions Broadcom to capture significant growthTradingKey
58 minutes ago
.jpg)
SoFi's Interest Rate Cut Benefit: Surging Loan Demand and Accelerated FSPL Strategy
TradingKey - I hold a cautiously optimistic rating on SoFi. Its unique business model drives strong performance. The banking license provides low-cost funding. Rapid growth in light-asset operations adds momentum. SoFi shows long-term value potential.TradingKey
3 hours ago
[Reuters Analysis] China's bull market risks running out of gas: Raychaudhuri
By Manishi Raychaudhuri HONG KONG, Sept 22 (Reuters) - China's onshore equity markets are booming, outperforming many of their developed market counterparts this year. But whether this is the beginning of a true Chinese equity boom or yet another short-lived bubble will likely depend on gover...Reuters
9 hours ago
Investing in Robotics & Automation
Robotics and automation are a structural megatrend driven by labor shortages, supply chain shifts, and the push for efficiency.The investment landscape spans industrial leaders, healthcare innovators, logistics adopters, and semiconductor enablers.TradingKey
Sat, Sep 20
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.TradingKey
Mon, Jul 14
Tradingkey
