Trump Family Eyes Stake in Binance US

In a surprising turn of events, representatives from President Donald Trump's family have reportedly engaged in discussions to acquire a financial stake in the US branch of Binance, the world's leading cryptocurrency exchange by daily trading volume. This revelation comes from a recent Wall Street Journal (WSJ) report published on Thursday.

Changpeng Zhao's Quest for Pardon

Amid these discussions, Changpeng Zhao, the founder and former CEO of Binance, is said to be seeking a pardon from President Trump. This move underscores the complex interplay between the burgeoning cryptocurrency industry and political figures.

World Liberty Financial: The Bridge

The proposed deal, which would facilitate Binance's return to the US market, is expected to be executed through World Liberty Financial, a cryptocurrency venture with backing from the Trump family. Steve Witkoff, Trump's envoy for the Middle East and Ukraine, has also been mentioned in connection with the negotiations, although the White House has denied his involvement.