Reported about 12 hours ago
President Donald Trump has pardoned Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, who previously served prison time for failing to prevent criminal activities on the platform. The pardon follows Zhao's significant support for the Trump family's crypto ventures and aims to rectify what the Trump administration describes as overreach by the Biden administration against the cryptocurrency industry. Zhao expressed gratitude for the pardon, marking a notable shift in regulatory attitudes towards crypto as Trump continues to prioritize the industry's growth.
Source: YAHOO