Binance.US Defends USD1 Listing Amid Political Bias Accusations

Binance.US is defending its decision to list the USD1 stablecoin, facing accusations of political bias following a connection between the listing and former President Trump’s pardon of Binance founder Changpeng Zhao (CZ). The exchange claims this was a standard business decision and not influenced by political considerations. Senator Chris Murphy has raised concerns regarding a possible link between the listing and CZ’s pardon. This controversy sheds light on the intersection of politics and cryptocurrency, raising questions about market trust in exchanges.