The Trump family has held talks about taking a stake in crypto exchange Binance, report says

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Donald Trump's family has discussed a potential stake in Binance, the world's largest crypto exchange,Ā The Wall Street JournalĀ reported on Thursday.

If successful, the talks would tie the US president to a firmĀ guiltyĀ of breaching anti-money laundering requirements. While Binance still operates a limited US arm, its core business has exited the US and operates primarily overseas.

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According to the Journal, discussions started when Binance offered Trump allies a business deal last year in exchange for the company being allowed to return to the US. Meanwhile, sources indicate that founderĀ Changpeng ZhaoĀ has been angling for a White House pardon.

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