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Weekly Roundup: Binance Founder Seeks Pardon, GENIUS Act Stalls, and More

Binance founder Changpeng Zhao confirmed that he has sought a presidential pardon for violating the Bank Secrecy Act amid discussions over a deal between his company and World Liberty Financial, a stablecoin issuer majority-owned by the Trump family, Cointelegraph reported. More Senate Democrats successfully delayed a floor vote on a Republican-crafted bill that aims to create a regulatory structure for stablecoin issuers, including for anti-money laundering purposes, ACAMS moneylaundering.com reported. More Three Singaporean ministers pictured at dinner with a primary suspect in one of the country's largest-ever money-laundering scandals on record claimed they neither know him nor have done business...

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