Binance US Launches Political Action Committee Binance.US Innovation PAC

Binance US has formed its own political action committee (PAC), the Binance.US Innovation PAC, CoinDesk reported. The official treasurer involved in U.S. politics is Krishna Juvvadi, the legal head of Binance’s U.S. operations, who is also Uber’s former chief regulatory lawyer, and Binance’s chief risk officer, Sidney Majalya, is also named in one of the filings as the designated attorney. Foresight News previously reported that Coinbase, one of Binance’s competitors, established a PAC earlier this year, and the campaign’s super donors FTX’s SBF and Ryan Salame have spent tens of millions of dollars in the congressional campaign, but with FTX The collapse of the U.S. policy circles disappeared.