Big news bouncing around the crypto world: Former USA President Donald Trump and one of the world’s biggest crypto exchanges Binance are doing a deal. If true, however, this could shake up the American crypto industry. Details remain unclear, but rumors circulating indicate that the Trump family is also talking about acquiring a stake in Binance’s U.S. branch.
Trump’s Crypto Moves
Recently, Trump has become more interested in cryptocurrency. In September 2024, his family backed crypto brand, World Liberty Financial, launched. According to reports, this company could now be used to purchase part of Binance.US. In that case, the Trump family will have a strong influence in the crypto world.
And this deal could also benefit Binance. The U.S. has given the exchange major legal trouble and fined it $4.3 billion for ignoring money laundering laws. Binance may be able to regain trust in the American market if it were to work with Trump.
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CZ’s Role and Pardon Rumors
Changpeng Zhao (CZ), the founder of Binance, recently got behind bars following charges for financial violations. He may have stepped down as CEO but he still has a big influence in the company. The rumors say, CZ has been asking Trump’s team for a presidential pardon to have his criminal record cleared.
Now if we look at their apology text, their English version contain no mention of their own name "Bloomberg".
— CZ 🔶 BNB (@cz_binance) March 13, 2025
"In our 250th issue (6 July 2022), we made the egregious mistake of publishing a cover page with a headline that was false and baseless. We were wrong to write "…
CZ has refuted these claims, stating on social media that he never mentioned anyone about such a deal. However, his cryptic tweet, “No felon would mind a pardon,” has kept people talking.
BNB Token Surges
Upon news of Trump Binance talks, Binance BNB token is up 4%. If Trump would takeover Binance.US half, investors think the company will recover. If this deal happens, Binance’s crypto ecosystem such as Binance Smart Chain (BSC) could benefit from massive growth, experts claim.
If Trump officially gets into business with Binance, some analysts even predict BNB to rise by 20-30% in the coming months. The whole market could benefit from his support for cryptocurrency as it brings more U.S. investors.
What’s Next?
There are many unanswered questions to go round for some time. Will Trump officially become a buyer in Binance? Why is CZ actually seeking a pardon? Now, how will the crypto industry respond to this partnership if it takes place?
Trump’s growing interest in cryptos is creating waves, and Binance is right at the heart of all of that. Whether this deal goes through or not, it’s already shaking up the market in a big way.
Also read: Trump-Backed World Liberty Financial Denies Allegations of Token Sales
