On October 23, 2025, President Donald Trump granted a full and unconditional pardon to Changpeng Zhao (CZ), founder of Binance. CZ had pleaded guilty in 2023 to a violation of the Bank Secrecy Act for failing to implement an effective anti-money laundering program, and was sentenced to four months in prison. (The Guardian)

In its statement, the White House claimed that the Biden administration had undertaken what it described as a "war on cryptocurrencies," and that CZ's prosecution was part of an excessive practice in that context. (The Washington Post)

CZ responded by expressing his "deep gratitude" for the pardon and promised to work to make the United States the "capital of cryptocurrencies." (Reuters)

This pardon opens a controversial chapter: on one hand, it marks a shift towards the deregulation of the crypto sector; on the other, it raises concerns among legislators about the oversight of platforms that had already been subjected to large sanctions (such as the $4.3 billion that Binance agreed to with the Department of Justice).

💬 KikeBNB comments: "This opens the door for CZ to become the CEO of Binance again... and the question is: what will this bring to the largest exchange in the world?"#cz #bnb #binance #APRBinanceTGE