Crypto Currents: Binance founder denies report on Trump talks

• Easily place stocks' risks and opportunities.

• Discover stocks' marketplace presumption with elaborate rival analyses.

BINANCE FOUNDER DENIES REPORT ON TRUMP TALKS: On Thursday, The Wall Street Journal’s Rebecca Ballhaus, Patricia Kowsmann, Angus Berwick, Josh Dawsey and Caitlin Ostroff reported that representatives of President crypto speech Binance, citing radical acquainted with the matter. Binance’s billionaire founder, Changpeng Zhao, who served 4 months successful situation aft pleading blameworthy to violating anti-money-laundering requirements, has been pushing for the Trump medication to assistance him a pardon, sources added.

Following the report, Changpeng Zhao, the laminitis of Binance and its ex-CEO, stated successful a station to X: “Sorry to disappoint. The WSJ nonfiction got the facts wrong. More than 20 radical person told maine they were asked by the WSJ (and different media), ‘Can you corroborate that CZ made immoderate woody for a pardon?’ They astir apt asked hundreds of radical to person 20 radical scope retired to me. In essence, they tried hard to marque a communicative to report. Fact: I person had nary discussions of a Binance US woody with … well, anyone. No felon would caput a pardon, particularly being the lone 1 successful US past who was ever sentenced to situation for a azygous BSA charge. Feels similar the nonfiction is motivated arsenic an onslaught connected the President and crypto, and the residual forces of the ‘war connected crypto’ from the past medication are inactive astatine work. I americium ever blessed to marque crypto large everywhere, US and the remainder of the world. It’s bully to spot that adjacent WSJ thinks I should beryllium pardoned.”

COINBASE SECURES REGISTRATION IN INDIA: Coinbase (COIN) announced Tuesday it has registered with India’s Financial Intelligence Unit, which marks a important milestone successful its planetary enlargement strategy. The institution plans to motorboat its archetypal retail services aboriginal this year, followed by further concern and products successful India thereafter. “We’re committed to gathering successful markets that judge successful the imaginable of crypto and onchain innovation,” said John O’Loghlen, Regional Managing Director for APAC astatine Coinbase. “India represents 1 of the astir breathtaking marketplace opportunities successful the satellite today, and we’re arrogant to deepen our concern present successful afloat compliance with section regulations.”