Binance Seeks to Curb U.S. Oversight While in Deal Talks With World Liberty Financial

Binance executives met with U.S. Treasury officials to discuss loosening government oversight of the company and a potential business deal with President Donald Trump's crypto venture, World Liberty Financial.

-They requested the removal or reduction of a U.S. monitor overseeing Binance's compliance with anti-money laundering laws. This comes after Binance's founder, Changpeng Zhao, pleaded guilty to breaking U.S. anti-money laundering laws in a $4.3 billion settlement last year.

-Binance has also been in talks to list a new dollar-pegged cryptocurrency from World Liberty Financial, it added.