> The news comes just a day after Binance announced it has hired Max Baucus, who served decades in the U.S. Senate and later as an ambassador to China, to help

> The news comes just a day after Binance announced it has hired Max Baucus, who served decades in the U.S. Senate and later as an ambassador to China, to help the firm navigate the U.S. regulatory landscape. Binance said Thursday that Baucus will provide the exchange with policy guidance and act as a liaison between Binance and regulators. Crony capitalism is alive and well in the US...