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CZ shares rumors linking Coinbase to Bloomberg’s Trump stablecoin report

cryptoweekly by cryptoweekly
July 13, 2025
in bitcoin, News
0

Binance founder CZ shared a tweet alleging Coinbase as the anonymous source behind Bloomberg’s report targeting Trump’s crypto project and Binance.

Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance.

In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the US market would threaten their market share, prompting efforts to undermine competitors.

“Binance is the world’s #1 crypto exchange,” Wallace wrote, warning that Binance’s return with full legal status could severely damage Coinbase’s business.

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Recent Posts
  • Crypto Biz: Wall Street giants bet on stablecoins
  • Bitcoin’s lower support retests shift traders’ focus to XLM, LTC, ETC, BNB
  • Trump signed the GENIUS Act into law on Friday, creating official rules for stablecoins
  • Bitcoin’s rise with Wall Street comes at a potential philosophical cost
  • Senate to consider Trump's CFTC pick as crypto oversight hangs in the balance
  • Crypto execs center stage as Trump signs stablecoin bill into law
  • XLM could follow XRP’s monster rally and hit $1 soon: Fact or fiction?

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