{"id":26071,"date":"2025-05-09T19:01:43","date_gmt":"2025-05-09T19:01:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26071"},"modified":"2025-05-09T19:01:43","modified_gmt":"2025-05-09T19:01:43","slug":"senate-democrats-question-binance-trump-stablecoin-ties-amid-blocked-stablecoin-legislation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26071","title":{"rendered":"Senate Democrats Question Binance-Trump Stablecoin Ties Amid Blocked Stablecoin Legislation"},"content":{"rendered":"<div>\n<p>Democratic lawmakers are raising concerns over reported financial links between cryptocurrency exchange <strong>Binance <\/strong>and ventures tied to the Trump family, following a recently revealed $2 billion deal involving a <a href=\"https:\/\/www.benzinga.com\/25\/05\/45312897\/did-trump-backed-world-liberty-financial-bought-35-million-in-eth-heres-what-on-chain-data-says\">Trump-backed digital token<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Senators <strong>Chris Van Hollen<\/strong> of Maryland and <strong>Elizabeth Warren<\/strong> of Massachusetts sent a letter to top Treasury and Justice Department officials seeking details on the matter and its implications for ongoing federal oversight of Binance, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-09\/treasury-doj-pressed-by-senators-about-binance-ties-to-trump?embedded-checkout=true\">according<\/a> to Bloomberg.<\/p>\n<p>The inquiry follows a report that USD1, a stablecoin issued by a company under Trump family control, was used in March to settle a multi-billion-dollar investment by Abu Dhabi&#8217;s <strong>MXG <\/strong>into Binance. <\/p>\n<p>The transaction, first disclosed publicly on May 1, has triggered new scrutiny &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45326910\/senate-democrats-question-binance-trump-stablecoin-ties-amid-blocked-stablecoin-legislatio\" alt=\"Senate\" democrats question binance-trump stablecoin ties amid blocked legislation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Democratic lawmakers are raising concerns over reported financial links between cryptocurrency exchange Binance and ventures tied to the Trump family, following a recently revealed $2 billion deal involving a Trump-backed digital token. What Happened: Senators Chris Van Hollen of Maryland and Elizabeth Warren of Massachusetts sent a letter to top Treasury and Justice Department officials [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26071","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26071"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26071\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}