As the world’s largest cryptocurrency exchange, Binance is exploring potential ways to re-enter the U.S. market, this time with a bold strategy. New and growing ties with the Trump family appear to be at the core of this comeback plan. Will Binance Come Back to the U.S. under a more crypto-friendly administration? The developments suggest it might.
According to an exclusive report by The Wall Street Journal, Binance executives held a critical meeting last month with officials from the U.S. Department of the Treasury. During the discussion, Binance reportedly requested that the federal oversight imposed after its 2023 criminal settlement — which included a record-breaking $4.3 billion fine — be lifted or eased. This oversight mechanism plays a key role in ensuring compliance with anti-money laundering laws.
Will Binance Come Back to the U.S. Market? Exploring the Future of Cryptocurrency Regulations
Binance’s regulatory battles are not limited to the United States. The exchange was also fined in Canada, but the penalty there was significantly lighter — just $4.3 million — in stark contrast to the multi-billion-dollar U.S. settlement.
In parallel, Binance is said to be preparing for a business alliance with World Liberty Financial (WLFI), a project that claims to be “inspired by Donald Trump” and is developing a new stablecoin, USD1. If the WLFI token gets listed on Binance, analysts believe it could generate billions in potential returns for the Trump family, which reportedly holds over 60% of the project’s shares.
According to WSJ, the deepening connection between Binance and Trump’s circle began during a private meeting last December in Abu Dhabi. Binance founder Changpeng Zhao (CZ) met there with WLFI co-founder Eric Trump and real estate magnate Steve Witkoff.
This alliance could offer mutual benefits. While the Trump side may consider relaxing strict regulatory measures currently imposed on Binance, the Trump family itself could benefit from Binance’s massive global user base — over 250 million users and more than $65 billion in daily trading volume. Once again, the key question arises: Will Binance Come Back to the U.S. if Trump returns to power? There are increasing signs pointing in that direction.
WLFI’s communications team declined to answer questions from Whalearea.com, offering no comment on the matter.
Insiders claim that a potential Trump administration is already planning Binance-favorable moves, including possibly shutting down the crypto crimes unit under the U.S. Department of Justice.
On another front, Binance has reportedly launched an internal effort to request a presidential pardon for CZ, who served a four-month sentence for violating anti-money laundering and U.S. sanctions laws.
While no official statement has been made by Binance, sources say individuals close to Trump are exploring the possibility of acquiring a stake in Binance.US, the struggling American arm of the exchange. With Zhao’s influential network, the partnership could evolve into a powerful strategic collaboration.
These developments suggest that the U.S. crypto policy landscape may be entering a new phase. The once-adversarial stance between Washington and crypto giants like Binance seems to be softening. Trump’s previous pardon of BitMEX co-founder Arthur Hayes — who had also faced legal consequences — may indicate a broader, more tolerant approach to the crypto industry under his potential leadership.
