Binance seeks to curb US oversight during deal talks with Trump's crypto company, WSJ says


FILE PHOTO: Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Binance executives met U.S. Treasury officials last month and discussed loosening government oversight of the company, while exploring a business deal with President Donald Trump’s crypto venture, World Liberty Financial, the Wall Street Journal said.

Executives of the world's largest cryptocurrency exchange asked Treasury officials to remove a U.S. monitor overseeing its compliance with anti-money-laundering laws, the paper said on Friday, citing people familiar with the talks.

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