Binance has reportedly met with government officials to discuss relaxed regulation on the cryptocurrency exchange.
The meeting between the company and representatives of the Treasury Department happened last month, with Binance seeking to remove a government-appointed monitor overseeing compliance with anti-money laundering laws.
Binance is also reportedly in talks with World Liberty Financial, a crypto venture backed by President Donald Trump’s sons, to list a new stablecoin.
These discussions come as the US government is considering fewer enforcement efforts in the crypto space, with the Department of Justice planning to focus on specific areas like terrorism, drug trafficking, and fraud.