Binance US Counters Criticism from Democratic Lawmaker Over Listing Trump-Related Stocks

On the 30th, Binance US, the American division of cryptocurrency exchange Binance, responded to criticism from a Democratic lawmaker who had censured the listing of stocks related to President Donald Trump. The exchange asserted that every stock undergoes a comprehensive examination and legal review before listing. They expressed regret that even standard business decisions are unfairly turned into political issues by elected officials. The controversy began when Binance US, on the 28th, listed a stablecoin 'USD1' issued by World Liberty Financial, a cryptocurrency project associated with the Trump family...