Trump's pardon of CZ boosts confidence in the crypto market, BNB rises in response
$BNB According to existing information, U.S. President Trump has officially pardoned Binance founder Zhao Changpeng (CZ). This decision marks a historic turning point in the relationship between the cryptocurrency industry and the regulatory and power centers in Washington.
1. 🏛️ Confirmation and procedure of the pardon Fox business reporter Charles Gasparino first pointed out in October 2025 that the White House has conducted a substantial evaluation regarding the pardon of CZ, and Trump himself is inclined to approve this pardon. Subsequently, on October 11, market news confirmed that Trump considered pardoning former Binance CEO CZ during discussions at the White House. According to reports, after returning to the White House, Trump signed a large number of pardons or commutation orders, providing procedural background and possibility for CZ's pardon.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.