Why It Matters

Binance.US filed a new client lobbying registration with Cabranes, Alejo R.S. on Oct. 9, covering Financial Institutions/Investments/Securities (FIN), Banking (BAN), and Commodities (Big Ticket) (CDT). ​

The filing lists one lobbyist, Alejo Cabranes, as a Government Relations Professional. The registration comes one week after GD Mountain Insights LLC terminated its engagement for Binance.US, effective Sept. 30. Woden Strategies LLC remains active, having filed a second-quarter report in July and a registration in June.

By the Numbers

The registration carries a $0 filing amount. Woden Strategies LLC reported $7,500 for the second quarter. GD Mountain Insights LLC reported $0 for the second quarter, $30,000 for the first quarter, $10,000 for the fourth quarter of 2025, and $50,000 for the third quarter of 2025. Cabranes has no prior government or congressional experience on record and does not appear on any of Binance.US's earlier filings.

Broader Context

Bloomberg reported in July 2026 that Binance.US planned to apply for a Commodity Futures Trading Commission (CFTC) license to enter prediction markets. Reuters reported Oct. 5 that the CFTC proposed rules creating a "crypto asset market" category, allowing U.S. exchanges to opt into federal oversight rather than rely on state money-transmitter licenses. The Senate Agriculture Committee advanced the Digital Commodity Intermediaries Act in January, which would establish a federal framework for digital-commodity intermediaries. The Congressional Research Service reports that the House passed H.R. 3633, the CLARITY Act, on July 17, 2025; Congress.gov lists it as referred to the Senate.

The Bottom Line

Binance.US filed a new client registration on October 9, listing lobbyist Alejo Cabranes as a government relations professional on financial institutions, banking and commodities issues, while GD Mountain Insights LLC's termination as its lobbying firm takes effect September 30.

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