Binance Invests Heavily in Lobbying for Regulatory Relief

Cryptocurrency exchange Binance has significantly increased its lobbying efforts in Washington D.C., aiming to obtain regulatory relief and potentially secure presidential pardons for CEO Changpeng Zhao. The company is employing a team of lobbyists, including Ches McDowell and Teresa Goody Guillén, with the expenditure reaching $740,000 since February 2025. This move underlines Binance’s strategy to navigate complex U.S. regulatory challenges and potentially influence market dynamics surrounding its BNB cryptocurrency.