The discussions for a stake in Binance’s U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea.

Discussions between the family’s World Liberty Financial and the world’s largest digital-asset exchange are said to include possible work on new stablecoin.

Binance’s BNB token climbed after a Wall Street Journal reported that the Trump family is in talks to secure a financial stake in Binance’s U.S. arm. Such an arrangement would link them to a firm that pleaded guilty to violating anti-money laundering laws in 2023.

Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.

Some crypto CEOs praise the Trump administration and are convinced that decentralization will reign again, especially since several cabinet members now own Bitcoin directly or indirectly.

Donald Trump's personal crypto holdings are worth just under $1.5 billion. Robert F. Kennedy holds up to $5 million in a Fidelity Bitcoin Account. AI