Binance Founder Pardoned: Trump’s Move Sparks Crypto Market Shifts

In a major move, President Donald Trump granted a presidential pardon to Changpeng Zhao, founder of Binance, on October 23, 2025. This decision effectively clears the path for Zhao to resume his business activities within the United States, after previously pleading guilty to regulatory violations. The pardon has significant ramifications for the crypto market and could reshape regulatory landscapes.