Binance News: Major Developments in Crypto Regulation and Investments

Stay updated with the latest news in the cryptocurrency world, as Binance and other key players experience significant developments in regulatory frameworks and investments.

Weekly Crypto Regulation News Roundup: GENIUS Act, Trump’s Crypto Reserve, Binance Lands $2B Investment, and More

Regulatory developments in cryptocurrency have continued this week with key legislative actions and investments influencing the sector. The U.S. remains at the center of crypto regulation news, with the Senate Banking Committee advancing the GENIUS Act, which aims to redefine stablecoin reserve and disclosure practices. Additionally, President Donald Trump’s administration introduced new policies sparking political debates impacting the industry. Institutional funds are also reshaping market dynamics and regulatory focus.

CZ Denies Trump-Binance Deal Allegations

Changpeng “CZ” Zhao has denied claims that representatives of President Donald Trump’s family were involved in discussions to acquire a financial stake in Binance.US. This was after the Wall Street Journal (WSJ) published a report suggesting such talks had taken place. Zhao addressed the claims in a March 13 post, stating he had no discussions of a Binance US deal with anyone. He also mentioned that more than 20 people had told him they had been contacted by WSJ and another media outlet, who were attempting to verify whether he had struck a deal for clemency. The article alleged that Zhao was seeking a presidential pardon from Trump, which could allow him to take on an operational or management role at Binance.US.