Binance Seeks U.S. Overhaul, Eyes Trump Family Crypto Venture

Binance, the world’s largest cryptocurrency exchange, is seeking to reduce its regulatory burden under pressure from U.S. authorities and in a bid to regain lost ground in the American market. The company has held meetings with U.S. Treasury officials requesting changes to its court-appointed compliance oversight, aiming to decrease monitoring and potentially ease operational restrictions. Simultaneously, Binance has entered into discussions with a Trump family-backed cryptocurrency initiative, signaling an alignment between the embattled exchange and the former president’s inner circle.