Trump Grants Pardon to Binance Founder Changpeng Zhao, Aiming to Position US as Crypto Hub

Reported about 9 hours ago

President Trump has pardoned Binance founder Changpeng Zhao, facilitating his return to the U.S. and pledging to make the country a global hub for cryptocurrency. The decision, influenced by months of discussions between Zhao and the Trump family, signifies a shift from the Biden Administration's previous stance on crypto regulation. Zhao thanked Trump and expressed commitment to fostering a favorable environment for digital assets, while Trump's administration has already implemented supportive measures for the industry, including executive orders and regulatory changes.

Source: YAHOO

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