U.S. Senate resolution Flash News List | Blockchain.News
Flash News List

List of Flash News about U.S. Senate resolution

Time Details
2025-10-27
18:25
U.S. Senators Warren and Schiff Denounce Potential Trump Pardon of Binance Founder CZ, Citing AML Failures — Trading Implications for BNB and BTC

According to the source, U.S. Senators Elizabeth Warren and Adam Schiff introduced a resolution denouncing any pardon of Binance founder Changpeng Zhao (CZ) and highlighting Binance’s alleged failure to implement anti-money laundering controls and ties to the Trump family, increasing headline and regulatory risk for the exchange and BNB; source: the source. Binance and CZ previously admitted to Bank Secrecy Act and sanctions violations and agreed to a $4.3 billion settlement, validating the lawmakers’ AML concerns and sustaining a multi‑year federal monitorship over Binance’s compliance; source: U.S. Department of Justice press release, Nov 21, 2023; U.S. Treasury (FinCEN/OFAC) consent orders, Nov 21, 2023. For traders, monitor BNB spot-perp basis, funding rates, and order book depth for stress, as well as Binance stablecoin netflows for counterparty de‑risking signals that can affect liquidity and slippage across BNB, BTC, and broader altcoins; source: Coinglass derivatives dashboards; Nansen exchange flow trackers. Focus catalysts include the release of any formal resolution text, follow‑on statements from federal agencies overseeing Binance’s settlement and monitorship, and any exchange‑level changes to onboarding/AML controls that could impact volumes and spreads; source: U.S. Department of Justice settlement and monitorship terms, Nov 21, 2023; U.S. Treasury (FinCEN) consent order, Nov 21, 2023.

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