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President Donald Trump announces the pardon of Binance founder Changpeng Zhao in the White House Rose Garden, symbolizing support for the cryptocurrency industry.

Trump pardons binance founder changpeng zhao

Chris Blake Larawang ginawa ng AI

US President Donald Trump has pardoned Changpeng Zhao, the founder of the world's largest cryptocurrency exchange Binance, who served four months in prison for anti-money laundering violations. The move, announced on October 23, 2025, draws praise from the crypto industry but criticism over potential conflicts tied to the Trump family's business interests. White House officials framed it as ending the previous administration's 'war on crypto.'

BNB token outperforms bitcoin and ethereum this year

Binance's native token BNB has risen 129% over the past year, surpassing bitcoin's 97% and ethereum's 84% gains. This performance comes amid growing adoption on the BNB Chain and new initiatives like the Aster exchange. However, some observers question the rally's drivers.

Kyrgyzstan launches national stablecoin and recognizes digital som

Chris Blake

Kyrgyzstan has launched a new stablecoin pegged to its national currency, the som, and legally recognized its central bank digital currency, the digital som, for potential government payments. The moves, supported by cryptocurrency exchange Binance, aim to position the Central Asian nation as a regional crypto leader. Binance co-founder Changpeng Zhao, now an adviser to President Sadyr Japarov, confirmed the developments.

Trump pardons Binance founder Changpeng Zhao

Chris Blake

In late October 2025, President Donald Trump granted clemency to crypto billionaire Changpeng Zhao, the founder of Binance. Zhao had pleaded guilty in 2023 to violating US anti-money laundering laws. The pardon follows Zhao's months-long bid for leniency and Binance's ties to the Trump family's cryptocurrency ventures.

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