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Binance News: CZ Denies Rumors of Trump Family Investment Talks for Binance US

Binance News: CZ Denies Rumors of Trump Family Investment Talks for Binance US

Published:
2025-03-14 13:39:19
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In a recent development, the founder and former CEO of Binance, Changpeng Zhao (CZ), has set the record straight regarding potential investment negotiations involving the Trump family and Binance’s US operations.

CZ Dismisses Rumors of Trump Family Talks to Acquire Stake in Binance US

Changpeng Zhao (CZ), the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has publicly refuted claims regarding potential investment discussions involving the Trump family and Binance’s American operations. This denial follows a report by the Wall Street Journal, which suggested that representatives of the Trump family have been in negotiations to acquire a financial stake in Binance’s US arm. In a swift response posted on X (formerly Twitter), Zhao stated, “Sorry to disappoint. The WSJ article got the facts wrong. Fact: I have had no discussions of a Binance US deal with…well, anyone.”

Crypto.com Obtains Regulatory License to Offer Derivatives in Dubai

Crypto.com has received a new regulatory license from the Virtual Asset Regulatory Authority (VARA) in the United Arab Emirates (UAE), allowing it to offer crypto futures and perpetual to institutions and qualified investors in Dubai. This extends the provision of Crypto.com’s existing VASP license to operate in the region.

|Square

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