Binance has converted $300 million in stablecoins to Bitcoin, bringing its SAFU insurance fund to 10,455 BTC. The exchange aims to reach $1 billion in Bitcoin reserves within 30 days.
The New York Times reveals troubling connections between Binance and World Liberty Financial, the Trump family’s crypto venture. From CZ’s presidential pardon to a billion investment via the USD1 stablecoin and a secret 49% stake by the UAE, this investigation raises serious questions about conflicts of interest in U.S. crypto policy.
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