Binance Seeks Regulatory Flexibility as it Targets US Expansion

Binance, a prominent crypto exchange, is pursuing new partnerships to expand its presence in the United States. This effort includes discussions with the U.S. Treasury Department regarding less stringent regulatory oversight, aiming to increase operational freedom within the country. Binance’s plans also involve collaboration with World Liberty Financial, a cryptocurrency company associated with former President Donald Trump, which could lead to the launch of a dollar-backed digital currency. The move comes amidst speculation about the impact of legal issues on the firm’s future.