Binance CEO Changpeng Zhao alleges U.S. crypto exchanges funded multi-million dollar lobbying to block a pardon from former President Donald Trump and keep Binance out of the U.S. market. The claim has not been independently verified.
Coinbase is threatening to pull backing from a landmark crypto market-structure bill due Jan. 12, citing a dispute over limits on stablecoin reward programs that pit digital-asset firms against traditional banks.

The crypto industry is engaged in a $100M lobbying effort to influence U.S. regulation amid debates over stablecoin legislation, market structure reforms, and potential SEC actions. Optimism remains despite strategic divisions among industry leaders.