Binance Seeks Reduced Oversight and Deals with Trump-Linked Firm

Binance has initiated talks with US authorities to ease regulatory oversight. The company seeks a reduction in the independent monitor overseeing their anti-money laundering compliance, aiming to re-enter the US market after legal troubles. This move comes alongside discussions with World Liberty Financial, a firm connected to the Trump family’s crypto venture, regarding a new stablecoin pegged to the US dollar that Binance may list on its platform.