Binance Founder Pardon Sparks Congressional Crypto Trading Ban Proposal

In a dramatic political response to former President Donald Trump's controversial pardon of Binance founder Changpeng 'CZ' Zhao, Congressman Ro Khanna is spearheading legislation that would impose sweeping cryptocurrency restrictions on the nation's highest elected officials. The proposed bill, emerging in late October 2025, seeks to prohibit the President, their immediate family members, and all Congressional representatives from trading, owning, or creating digital assets. This legislative move follows widespread condemnation of Trump's decision to pardon CZ, who had served a four-month prison sentence for anti-money laundering violations related to his cryptocurrency exchange operations. Khanna characterized the presidential pardon as an act of 'blatant corruption,' suggesting potential financial ties or improper influence behind the controversial clemency decision. The proposed ban represents one of the most significant attempts to regulate cryptocurrency exposure among government officials and reflects growing concerns about potential conflicts of interest in the rapidly evolving digital asset space. As cryptocurrency continues to gain mainstream adoption, this legislative effort highlights the increasing scrutiny on how public officials interact with emerging financial technologies and the potential for regulatory measures that could shape future cryptocurrency governance in the United States.

U.S. Congressman Proposes Bill to Ban Cryptocurrency Trading for President and Congress

U.S. Congressman Ro Khanna is drafting legislation to prohibit President Donald Trump, his family, and all members of Congress from trading, owning, or creating cryptocurrencies. The MOVE follows outrage over Trump's pardon of Binance founder Changpeng Zhao (CZ), who served four months for violating anti-money laundering laws.

Khanna condemned the pardon as "blatant corruption," alleging financial ties between CZ and the Trump family's crypto ventures. The bill would extend existing stock trading restrictions to digital assets, barring elected officials and their immediate families from holding or launching crypto projects while in office.

Crypto Donors Erect Gold Statue of Binance Founder CZ in Washington D.C.

Anonymous crypto donors and fans pooled funds to erect a 14-foot-tall gold-painted statue of Binance founder Changpeng Zhao in Washington, D.C. The monument, featuring Zhao's iconic four-finger gesture symbolizing his 2023 MANTRA to ignore fear, uncertainty, and doubt, was unveiled following his recent pardon by former U.S. President Donald Trump.

Organizer Nick Zee confirmed the statue will be displayed briefly before being gifted to Zhao or auctioned to benefit Giggle Academy, his nonprofit focused on education. The project was funded by four anonymous contributors who donated approximately $50,000.

The initiative underscores the crypto community's enduring support for Zhao, who established Giggle Academy as part of a $4.3 billion settlement with U.S. authorities over anti-money laundering violations.

US Representative Proposes Crypto Ban for Politicians Following Trump's Pardon of Binance Founder

US Representative Ro Khanna (D-Calif.) is drafting legislation to prohibit elected officials from owning or launching cryptocurrencies. The move comes in response to President Donald Trump's controversial pardon of Binance founder Changpeng "CZ" Zhao, who pleaded guilty to money-laundering violations as part of a $4.3 billion settlement with the US Department of Justice.

Khanna accused TRUMP of "blatant corruption," alleging financial ties between Zhao and the Trump family's crypto venture, World Liberty Finance. "It is so illegal. It is right in our faces," Khanna stated during an MSNBC appearance, mischaracterizing some details of Zhao's case. The proposed bill aims to ban lawmakers from holding cryptocurrencies and accepting foreign funds.

XRP Binance Whales Accumulate Tundra Tokens as Retail Hesitates

Whale activity surges around XRP Tundra's dual-token presale, with over $2 million committed in early funding rounds. Institutional buyers capitalize on structured pricing gaps—TUNDRA-S at $0.132 and TUNDRA-X at $0.066—against confirmed future listings of $2.5 and $1.25 respectively. The window narrows as phase transitions loom.

Retail participation lags despite the project's audited, dual-chain infrastructure. XRP Tundra operates as a funded venture rather than a speculative presale, offering Solana-based TUNDRA-S for yield generation and XRP Ledger-anchored TUNDRA-X for governance. This bifurcated design provides cross-chain exposure without bridging complexities.

The mechanism delivers instant portfolio diversification: each purchase auto-allocates both tokens, creating inherent hedging. Liquidity verification spans both chains, appealing to institutions seeking audited multi-ecosystem positions. Once listings activate, this arbitrage opportunity collapses.

New Crypto Project Noomez ($NNZ) Gains Analyst Attention Ahead of Presale Launch

Cryptocurrency markets remain volatile as Bitcoin fluctuates between $126,000 and $108,000, prompting analysts to identify promising projects for 2025. Emerging token Noomez ($NNZ) stands out with its transparent pre-presale structure—featuring a fixed 280 billion token supply, Binance Smart Chain deployment, and a meticulously planned 28-stage sale process.

Early-stage due diligence reveals critical strengths: automatic burns of unsold tokens, defined vesting schedules, and liquidity locking mechanisms. These features address common risks like supply shocks and rug pulls. The project allocates 140 billion tokens to its presale, with pricing and allocation details already public—a rarity in pre-launch phases.

Market observers emphasize that such operational clarity before liquidity injection often correlates with long-term viability. As institutional interest grows in structured crypto assets, Noomez's early transparency positions it as a case study in presale best practices.

BitcoinOS Token to Debut on Binance Alpha Following Successful Presale

BitcoinOS (BOS) is set for its official token listing, with Binance Alpha securing the inaugural platform rights. The accelerated timeline follows a robust presale performance, signaling strong market demand for the project.

Exchange listings remain a critical milestone for cryptocurrency projects, often catalyzing liquidity and price discovery. Binance's selection as the launch venue underscores its continued dominance in digital asset trading despite regulatory headwinds.