Former U.S. President Donald Trump has reportedly granted a presidential pardon to Changpeng Zhao (CZ), the founder and former CEO of Binance, according to a report by The Wall Street Journal (WSJ). CZ was previously convicted in the United States for violations related to anti–money laundering compliance and faced prison time along with restrictions on his ability to operate in the financial industry.
This unexpected pardon is being seen as a major turning point for the crypto industry, especially because Trump has recently taken a strong pro-crypto stance. His decision to clear CZ’s legal record could signal a strategic move to build support from the digital asset community ahead of upcoming political developments.
✅ Why This Matters
CZ may now legally return to leadership or advisory roles in the crypto industry.
Binance could regain stronger trust and expansion ability globally.
U.S. regulatory pressure on crypto may soften under pro-innovation leadership.
Market sentiment is already showing bullish momentum following the news.
⚠️ Disclaimer
This story is still developing. Official legal confirmation documents and White House statements are awaited. Investors are advised to follow updates carefully before making major market decisions.