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Trump’s Binance Bombshell: CZ Pardon Ignites BNB Rocket Fuel

Trump’s Binance Bombshell: CZ Pardon Ignites BNB Rocket Fuel

Author:
CoinTurk
Published:
2025-10-23 11:59:18
10
2

Political shockwave sends crypto markets spinning as former President Trump grants unprecedented pardon to Binance founder Changpeng Zhao.

The Pardon Effect

BNB immediately surged double-digits following the announcement, with traders scrambling to reposition portfolios. Market analysts noted the move represents one of the most significant political interventions in crypto history—proving once again that in this space, regulatory uncertainty cuts both ways.

Industry Fallout

The decision sends shockwaves through regulatory circles while crypto advocates celebrate what they're calling a landmark moment for digital asset legitimacy. Traditional finance types are clutching their pearls, of course—nothing scares bankers more than disrupted power dynamics.

Market analysts are revising their 2026 projections upward, with one quipping: 'Turns out presidential pardons are the new quantitative easing.' The cynical take? When politics and finance collide, someone's always making money—just usually not retail investors.

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At the time of writing, the value of BNB Coin experienced a rapid recovery to $1,140 following news of former President Donald Trump’s pardon of Binance founder, Changpeng Zhao, commonly known as CZ. As one of the most influential figures in the cryptocurrency world, CZ had previously been penalized by the U.S. Department of Justice in the wake of the FTX collapse. The unexpected turn of events comes after CZ even spent a period of time in prison, yet Trump’s recent intervention has reversed this situation.

ContentsBreaking News: CZ PardonImplications of the Pardon for Binance

Breaking News: CZ Pardon

Recently, TRUMP issued a pardon for CZ, the co-founder of Binance. This act of clemency was anticipated throughout the year, and now it has come to pass. The listing of BNB Coin by both Coinbase and Robinhood this week was perceived as a leaked indication of this good news. Furthermore, Gasparino had already mentioned a fortnight ago about the impending pardon.

Karoline Leavitt, the WHITE House Press Secretary, criticized the Biden administration’s hostility towards cryptocurrencies in a strong statement, confirming that Trump had pardoned CZ.

“President Trump exercised his constitutional power to pardon Zhao, who was prosecuted by the Biden administration in their war against cryptocurrencies.”

Implications of the Pardon for Binance

The key question remains: will CZ return to lead Binance after this pardon? Although this day marks a significant milestone for CZ, returning to Binance is technically possible. As the largest shareholder and founder of Binance, CZ had previously agreed to a lifetime prohibition from the exchange as part of a U.S. government deal. However, this pardon hints at a potential revision to the agreement, suggesting that CZ might indeed return as he has already re-engaged with the crypto world.

BNB’s price quickly surged following the announcement of the pardon.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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