Blumenthal gives Binance, Tether and Trump crypto firms until Jan. 4 for records

Senator Richard Blumenthal has set a January 4 deadline for Binance, Tether and crypto firms tied to Donald Trump to produce records, warning he will pursue alternative measures if they do not comply. His current ranking-member position does not give him unilateral subpoena authority, so the immediate legal force is limited. Traders should watch for escalation toward formal subpoenas or hearings, which could revive regulatory pressure headlines around Binance and Tether.