Binance seeks to curb US oversight while in deal talks with Trump's crypto company, WSJ reports

featured-image

Binance executives met with U.S. Treasury Department officials last month and discussed loosening government oversight on the company, while exploring a deal with President Donald Trump’s crypto venture World Liberty Financial, the Wall Street Journal reported on Friday.

Executives from the cryptocurrency exchange asked Treasury officials to remove a U.S. monitor that oversees its compliance with anti-money-laundering laws, the newspaper said, citing people familiar with the talks.



Binance has also been in talks to list a new dollar-pegged cryptocurrency from World Liberty Financial, the report said..