Binance again pointed out news that indicates that its leaders met private officials in March.
The meeting first informed by The Wall Street Journal would focus on reducing regulatory pressure, while the platform is trying to make a new way on the US market.
Zhao denies a message that associates it with the investigation of Justin Sun
This development builds on the regulation of $ 4.3 billion in Binance with the Ministry of Justice of the United States in 2023 concerning past violations of the laws against money washing.
At the same time, speculation is going well, according to which the former CEO of Binance, ChangPeng Zhao, could cooperate with the US authorities, potentially in surveys related to the founder of Tron, Justin Sun.
Although no official confirmation has occurred, the idea that Zhao can help in the case of the sun’s issues. Sun is already subject to careful examination for alleged violations of securities laws and financial incorrect conduct.
Zhao, however, refused the article WSJ as a sensationalist, suggesting that it has been designed to generate clicks. He also suggested that there were new lobby attempts against binance without providing further details.
“A few people told me again that WSJ is writing another base about me without a foundation,” Zhao said.
In response, Justin Sun published a statement that rejected any mistake. He stressed that his communication with the US authorities remained open and cooperative.
“The Ministry of Justice of the United States was one of the closest and reliable partners of T3FCU. Together we have worked on many sets focused on user protection around the world. Whether with CZ or our partners, we always maintain direct and honorary communication.
Sun also emphasized his confidence in the leadership of Zhao and the potential of the development of American crypto policy in a more favorable regulatory environment.
“CZ is my mentor and close friend – he played a key role by supporting me during my business career. To date, his behavior and principles remain the highest standard that I try to follow as a founder,” Sun said.
Binance is planning a partnership of Stablecoin with WLFI
In a distinct but remarkable approach, Binance would consider a partnership with World Liberty Financial (WLFI), a decentralized financial project that would have a connection with the family of former President Donald Trump.
The core of the discussion is Stablecoin recently launched by the defi project, called USD1, which WLFI wants to register on binance.
If the agreement is held, it can represent a significant strategic profit for both parties. WLFI would gain a global USD1 platform, while binance could return to political kindness when it plans to return to the US market.
Market analysts believe that Binance infrastructure could speed up the acceptance of USD1, especially when the demand for stablekoin increases in the context of the developing US regulation.
In addition, this initiative could also build WLFI to question the Stablecoins leader, such as Tether (USDT) and Circle (USDC), potentially defining the competitive landscape of digital assets supported by the dollar.
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