- Binance invests heavily in lobbying efforts.
- Strategic hiring to influence policy changes.
- BNB market reaction to lobbying initiatives.
Binance has engaged U.S. lobbyists, including Ches McDowell, to seek regulatory relief and presidential pardons for Changpeng Zhao, spending $740,000 since February 2025.
This move highlights the intersection of cryptocurrency and politics, reflecting Binance’s intensified lobbying efforts amid regulatory challenges, with potential market influence on Binance Coin (BNB).
Binance Invests $740K in Lobbying for Policy Changes
Main cryptocurrency exchange Binance has intensified its lobbying in Washington, engaging Ches McDowell and Teresa Goody Guillén to seek regulatory relief at the White House. This move, executed in September 2025, highlights Binance’s strategy to address U.S. regulatory challenges.
Binance’s approach signifies a growing investment in political engagements, with over $740,000 spent since February 2025. This underlines the increasing pressure on cryptocurrency exchanges to navigate complex regulatory environments in the United States.
“We’re focused on financial policy issues and administrative relief.” — Ches McDowell, Founder, Checkmate Government Relations
Reactions from within the industry have yet to surface from notable cryptocurrencies or entities. BNB saw only minor price changes, indicating uncertainty or caution among market participants. Official channels, including Binance and involved parties, have maintained silence on specific lobbying activities.
BNB Price Unmoved as Binance Seeks Legislative Win
Did you know? Binance’s increased lobbying follows a trend set in previous years, positioning it among the top-ranked cryptocurrency exchanges for lobbying expenditures in the United States.
BNB currently trades at $1,134.36 with a market cap of $157.88 billion, holding a 4.12% market dominance. Trading volume reached $2.39 billion in the last day, a reduction of 13.47% from the previous period. Over the past 24 hours, BNB’s price increased by 1.67%, reflecting a general upward trend during the past 90 days. This market data is sourced from CoinMarketCap.
Coincu’s research indicates potential regulatory impacts could alter Binance’s operational approaches if successful lobbying achieves legislative adjustments. The trend shows a growing reliance on political avenues to ensure strategic advantages in regulatory landscapes.
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