- Changpeng Zhao, founder of Binance, pardoned by Trump, easing regulatory constraints.
- Binance Coin (BNB) may benefit from reduced U.S. regulatory uncertainties.
- Trump’s decision sparks debate on crypto-friendly policies in the U.S.
Changpeng Zhao, Binance’s founder, was pardoned by U.S. President Donald Trump on October 23, 2025, marking a pivotal moment for the cryptocurrency sector in the United States.
This pardon could enhance Binance’s regulatory landscape, potentially catalyzing U.S. market growth and elevating BNB while attracting investments, prompting global interest in U.S.-based crypto ventures.
Trump Pardons Zhao: Regulatory Impact and Reactions
Changpeng Zhao, founder of Binance, was officially pardoned by U.S. President Donald Trump, ending legal challenges stemming from a 2023 conviction due to the Bank Secrecy Act violations. Zhao expressed on X platform his intent to help the U.S. advance in cryptocurrency and Web3. You can view his expression of gratitude in the following quote:
The decision potentially improves Binance’s regulatory standing in the U.S., easing restrictions and allowing for greater operational growth. Major crypto assets like BNB, BTC, and ETH may experience increased trading volumes in response to this clarity.
I am deeply grateful for the pardon received today. My heartfelt thanks to President Trump for his commitment to fairness, innovation, and justice in the United States. I will do everything possible to help the U.S. become the cryptocurrency capital and to promote the development of Web3 globally. – Changpeng Zhao (CZ)
Post-pardon, Senator Elizabeth Warren criticized Trump, alleging it was a reward for Zhao’s ties to Trump-affiliated endeavors. The crypto community remains divided, with active debates expected online among industry participants and observers.
BNB Prices Surge Amid U.S. Crypto Policy Shift
Did you know? Zhao’s pardon follows historical precedents such as BitMEX’s settlement and pardons earlier in 2025, often leading to temporary market rallies in the crypto sector.
According to CoinMarketCap, BNB is currently priced at $1,127.70, with a market cap of $156,953,498,312.39 and a 24-hour trading volume of $5,542,441,823.00. BNB witnessed a 5.00% increase in 24 hours, although it declined by 2.23% over seven days, as of 17:30 UTC on October 23, 2025.
Coincu researchers indicate potential implications for U.S. financial regulations. The pardon could signal a shift towards more crypto-friendly policies under the current administration, fostering innovation and operational expansions for major entities like Binance.
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