Tech

US President Donald Trump Pardons Binance Founder Changpeng Zhao, Lifts Restrictions

by aweeincm1

US President Donald Trump has pardoned Binance founder Changpeng Zhao, following his 2023 guilty plea over anti-money-laundering violations. The decision lifts restrictions that had prevented CZ from operating financial ventures, allowing him to re-engage with Binance and the wider crypto ecosystem. Zhao and Binance welcomed the move, framing it as a step toward innovation, fairness, and advancing Web3, while critics raised concerns over potential conflicts of interest and broader implications for cryptocurrency regulation in the US.

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