According to a recent report by the Wall Street Journal, the family of American president Donald Trump is in talks with Binance to acquire a participation in the American subsidiary of the largest crypto exchange platform in the world.
A strategic alliance between the Trump and Binance family
The Trump family would have been approached by representatives of Binance in 2024, as part of a plan aimed at relaunching Binance.us operations on American territory. According to the sources quoted by the Wall Street Journal, these discussions took place while Changpeng Zhao, a billionaire founder of Binance, served a four-month prison sentence in the United States for violation of American banking laws. THE report Indicates that Zhao would also have put pressure on the Trump administration to obtain presidential pardon.
The exact methods of this potential participation remain unclear. The agreement could take several forms, including a direct participation of the Trump family in Binance, or via World Liberty Financial, a crypto company supported by Trump and launched in September 2024. This last option would allow the American president to integrate the Binance ecosystem while maintaining a certain distance from the operational aspects of the platform.
The news of these negotiations is part of a broader context in which Donald Trump asserted himself as the first “crypto president” of the United States. Since his return to the White House in January 2025, Trump has launched his own official official (Trump) and has actively encouraged the adoption of cryptocurrencies. His wife Melania also launched his own cryptocurrency, while his son Eric Trump was particularly vocal in his support for bitcoin and other digital active ingredients.
Contrasting reactions to this possible alliance
A few minutes before the publication of the Wall Street Journal article, Donald Trump spoke on his social social network to criticize the newspaper, accusing him of disseminating false information.
“” The Wall Street Journal, a globalist newspaper, has no idea what it does or says. It is subject to the corrupt thought of the European Union, created mainly to 'make fun of the United States of America, “Wrote the American president, without explicitly denying information concerning negotiations with Binance.
For his part, Richard Teng, current CEO of Binance, did not directly comment on the report in the hours that followed his publication. However, he spoke on X (formerly Twitter) on the same day to greet Donald Trump as ” A catalyst for a world change pro-Crypto“.
During an interview with CNBC, Teng said that the cryptocurrency industry largely prefers the Trump administration to the previous one, declaring: ” If you ask anyone in the cryptography industry, people prefer current administration to the previous one. »»
This possible alliance nevertheless arouses mixed reactions in the Crypto community. Some supporters of Bitcoin are not entirely satisfied with the multi-conspiracy approach adopted by the Trump administration, preferring a strategy concentrated exclusively on bitcoin as a national reserve.
In addition, democrats in the House of Representatives expressed their concerns about the fall in the course of the same Trump, going so far as to propose legislation aimed at prohibiting the emission of the same by any American official.
A potential turning point for crypto regulation in the United States
This possible entry of the Trump family into the capital of Binance.us could mark a decisive turning point for crypto regulation in the United States. After years of tense relations between the American authorities and the exchange platforms like Binance, a rapprochement with the presidential family could point out a new era of closer collaboration between the crypto industry and the American government.
If the agreement materializes, he could also offer Binance an opportunity to restore his coat of arms to the United States, after the legal problems encountered by its founder. For the Trump family, this alliance would represent a deepening of its engagement in the crypto sector, strengthening its position of influence in this growing industry.
Currently, neither Binance nor the official representatives of the Trump family have publicly confirmed or denied this information. The Crypto community and the financial markets remain awaiting concrete developments concerning these negotiations which could redraw the crypto landscape in the United States.
Meanwhile, Binance yesterday received a massive investment of $ 2 billion from MGX, an investment fund based in Abu Dhabi.
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