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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