TL;DR
- Representatives of Donald Trump’s family have held talks with Binance to acquire a stake in the exchange, aiming to facilitate Binance.US’s return to the U.S. market.
- Speculation suggests that the deal could include Trump’s intervention to grant a pardon to Binance founder Changpeng Zhao (CZ), who served four months in prison in the U.S.
- With his open support for cryptocurrencies, Trump and his family have promoted digital assets, including launching memecoins and advocating for Bitcoin as part of his economic strategy.
The crypto ecosystem could be on the verge of one of the most significant deals in its history. According to a report from The Wall Street Journal, representatives of President Donald Trump’s family have held talks with Binance to acquire a stake in the exchange. The goal would be to facilitate Binance.US’s return to the U.S. market after facing regulatory challenges in recent years. While there is no official confirmation yet, the negotiations highlight the growing importance of cryptocurrencies in the country’s political and economic landscape.
A Possible Lifeline for CZ and Binance in the U.S.
Since stepping down as Binance CEO and serving a four-month prison sentence in the U.S., Changpeng Zhao has been at the center of regulatory controversies. Now, with Trump’s return to the White House in 2025, speculation suggests that a deal with the Trump family could include the possibility of a presidential pardon for CZ. Such a move could be crucial for Binance to resume its operations smoothly in the country and strengthen its position as an industry leader.
Trump and Cryptocurrencies: A New Horizon
From launching his memecoin “TRUMP” to recent pro-Bitcoin statements by his son Eric Trump, the president’s family has become a key player in the crypto ecosystem. There are even reports that the acquisition of a stake in Binance could be carried out through “World Liberty Financial”, a crypto project backed by Trump since September 2024. This initiative could cement Trump’s status as the first “crypto president” of the U.S., aligning his economic policy with the growing adoption of digital assets.
However, Trump was quick to respond to The Wall Street Journal’s reports. Through his Truth Social platform, he labeled the publication “globalist” and accused the European Union of attempting to harm the U.S. with misinformation. Meanwhile, Binance has remained silent on the matter, adding further mystery to the negotiations.
If this deal materializes, it could mark a turning point in U.S. cryptocurrency regulation, with a White House openly favoring digital assets. The crypto community remains on high alert for upcoming developments, as Trump’s influence could pave the way for an era of greater acceptance and mass adoption of cryptocurrencies in the country.
