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Binance US Steps Into National Politics With New Campaign PAC

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Binance.US has chosen this moment to step into the arena with its own political action committee (PAC), the Binance.US Innovation PAC. Though the company hasn’t yet detailed its intentions, the committee was formed with a filing to the Federal Elections Commission dated Monday.

The official treasurer for its foray into U.S. politics is Krishna Juvvadi, the head of legal at Binance’s U.S. operation and former top regulatory lawyer for Uber. He didn’t immediately respond to a request for comment on the new political venture, nor did company spokespeople. Binance Chief Risk Officer Sidney Majalya’s name was also listed on one of the filings as the designated agent.

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