Trump pardons founder of Binance, world’s largest crypto exchange

In a surprising move, Donald Trump has pardoned Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, who had previously pleaded guilty to money laundering charges. This pardon, announced by the White House, is seen as a significant shift in the political landscape surrounding cryptocurrency, especially given the Biden administration's tough stance on the industry. Trump's statement suggests a new era for crypto, indicating that the 'war on crypto is over.' This development could have major implications for the future of cryptocurrency regulation and the market as a whole.