They have different set of shareholders, they have different board of directors and different CEO running the show,” he said. However, Teng did praise Trump, saying that Binance has benefited from the president’s “pro-crypto” policies despite not directly operating in the US. “Last year was a landmark year in that institutions are finally coming on board,” Teng said. “With President Trump coming out with both [a] strategic crypto reserve or asset stockpile, it will force governments around the world […] to look at this space quite seriously.”In a departure from his predecessor, Joe Biden, Trump has said he wants to make America the “world’s crypto capital” and has appointed pro-industry leadership to key regulatory posts.
US, an independently-operated US cryptocurrency exchange, was discussing selling an equity interest to Trump-affiliated business entities, including a possible deal with World Liberty Financial, the Trump family’s decentralized finance (DeFi) project. “I believe both World Liberty Financial as well as CZ himself have tweeted and denied the reforms, right?
Source: CZPotential conflicts of interestCiting sources familiar with the matter, The Wall Street Journal report mentioned that CZ — who served four months in prison in the US — has been pushing for the Trump administration to grant him a pardon.“It is unclear what form the Trump family stake would take if the deal comes together or whether it would be contingent on a pardon,” the report said.
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Author / Journalist: Cointelegraph by Alex O’Donnell
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