In a stunning political and financial twist, U.S. President Donald Trump has officially granted a presidential pardon to Changpeng “CZ” Zhao, the founder of cryptocurrency exchange Binance, who was previously convicted of violating U.S. banking regulations.
The market reaction was immediate — BNB surged sharply, igniting a wave of optimism across the crypto sector.
Trump Ends the “War on Crypto”
According to White House sources, President Trump signed the pardon decree after weeks of internal discussion, repeatedly hinting that he viewed CZ as a victim of political persecution.
White House Press Secretary Karoline Leavitt confirmed the decision, saying Trump exercised his constitutional authority to grant clemency to Zhao.
“President Trump has officially ended the Biden administration’s unjust war on cryptocurrencies,” Leavitt stated.
The pardon follows months after Zhao served a four-month prison sentence for failing to implement adequate anti–money laundering measures while leading Binance.
Following his guilty plea, CZ stepped down as CEO, ending his direct leadership of the world’s largest crypto exchange.
Bullish Explosion: BNB Price Soars
Immediately after the news broke, the market reacted with explosive bullish momentum.
According to TradingView, the BNB token jumped from below $1,120 to an intraday high above $1,140, marking a 7% gain in 24 hours.
Since the announcement of Trump’s pardon, BNB has added another 4%, reflecting investors’ growing belief in Binance’s renewed stability and regulatory future.
Analysts see Trump’s move as a clear signal of rising political support for crypto, potentially boosting institutional confidence and reigniting market sentiment after months of uncertainty.
The Crypto Community Celebrates
The crypto world erupted in celebration following Trump’s announcement.
Influencers, traders, and developers alike hailed the move as a “historic turning point” in U.S. crypto policy.
Some experts suggest that this decision could trigger broader altcoin rallies, symbolizing a restoration of trust in the digital economy and the rehabilitation of one of crypto’s most influential figures.
As Trump continues to brand himself as the pro-crypto president, markets are watching closely to see whether other politicians will follow his lead — and whether the U.S. is finally entering a pro-crypto policy era after years of regulatory hostility.
Summary
Trump’s presidential pardon for Changpeng “CZ” Zhao marks a major shift in America’s stance on crypto:
🔹 The “war on crypto” has officially ended
🔹 Binance and BNB surged as investors regained confidence
🔹 The decision signals a new era of political and institutional support for digital assets
#TRUMP , #ChangpengZhao , #CZ , #CryptoNews , #bnb
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