Senate Democrats Question Binance's Ties with Team Trump | CoinDesk Daily
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CoinDesk
4.7 • 698 Ratings
🗓️ 19 September 2025
⏱️ 3 minutes
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| 0:00.0 | Hey everyone, you're watching Coin Desk Daily. I'm your host, Jen Sanasi. |
| 0:10.4 | Binance is still under the constraints of a massive $4.3 billion U.S. enforcement action, |
| 0:15.8 | but Senate Democrats are raising questions. Senator Elizabeth Warren and colleagues asked |
| 0:20.3 | Attorney General Pam Bondi about |
| 0:21.9 | recent reports that Binance has spoken to the U.S. about dropping its independent compliance monitor. |
| 0:27.2 | The senators sent a letter that also referenced President Donald Trump and his family's financial |
| 0:31.5 | connection to Binance through their stake in World Liberty Financial. |
| 0:35.4 | As the markets contemplated a potential return of CZ, the |
| 0:38.4 | B&B token rocketed over $1,000 for the first time, leaping over Seoul to become the fifth |
| 0:43.6 | largest crypto by market cap. As of this morning, B&B has retreated back to $990. |
| 0:49.9 | Ark Invest is doubling down on a sole treasury company. Kathy Woods firm bought just under $162 million worth of Soulmate shares |
| 0:57.7 | after taking part in the company's $300 million funding round. |
| 1:01.8 | The NASDAQ listed sports club owner raised the money and rebranded from Barrera Holdings |
| 1:05.7 | as part of the plan to build a digital asset treasury based on Solana's sole token. |
| 1:10.4 | Shares of Soulmate jumped as high as 5295 before dropping back to close at $24.90, |
| 1:17.2 | a gain of over 225% on the day. |
| 1:20.3 | Thank you. The And after seven months of hibernation, Michigan's Bitcoin Reserve is back on the move. |
| 1:55.0 | The state's Bitcoin Reserve bill, HB 4087, made progress on Thursday by advancing to the second reading in the state House of Representatives. |
| 2:03.5 | Introduced in February the bill aims to establish a strategic Bitcoin reserve by authorizing the |
| 2:08.4 | state treasury to invest up to 10% of its reserves in the largest cryptocurrency and possibly others. |
| 2:13.8 | If approved, Michigan would join the three states, Texas, New Hampshire, and Arizona |
| 2:18.0 | that have enacted Bitcoin Reserve laws. That's our app for CoinDesk Daily. Get more updates on |
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