Trump Pardons Binance Founder, Spark Potential Regulatory Shifts in Crypto

Binance founder Changpeng Zhao received a presidential pardon from Donald Trump after facing money laundering charges. The move sparked speculation about potential regulatory changes in the U.S. crypto market and sent Binance Coin’s price surging over 5%. This unexpected reversal of Zhao’s conviction, which previously resulted in a four-month prison term, has raised questions about its implications for Binance’s U.S. operations.