Binance.US has filed its first formal lobbying disclosure in Washington, D.C., marking a major push by the crypto giant to influence federal policy. The move comes as Binance continues to find itself at the center of high-stakes political chatter.
On Pod Save America, host Tommy Vietor lashed out at the platform's connection to Donald Trump and his family. Discussing an alleged deal, Vietor called "the crypto stuff is disgraceful" and pointed out that "the Trumps got the Emiratis to use their stablecoin in this transaction when they invested two billion into Binance."
As the exchange deploys formal lobbyists to Capitol Hill, it will have to contend with these persistent criticisms of backroom political deals and foreign influence. Whether a charm offensive in Washington can successfully distance the exchange from its loudest detractors remains to be seen.