The Latest Breaking News from Binance

Democratic senator Elizabeth Warren said the pardon was evidence of ‘corruption’ by the president

President Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange

Binance (CRYPTO: BNB) founder Changpeng "CZ" Zhao reignited the long-running Bitcoin (CRYPTO: BTC) vs. gold debate on Thursday after calling economist Peter Schiff's new tokenized gold project a "trust-me-bro" asset that isn't truly on-chain.

US President Donald Trump has pardoned the convicted Binance co-founder Changpeng Zhao, the White House said Thursday, accusing Trump's predecessor Joe Biden of launching an unnecessary "war" against the industry.

Binance co-founder Changpeng "CZ" Zhao, convicted of violating U.S. anti-money-laundering laws, has been granted a pardon by President Donald Trump.

Changpeng Zhao, known as "CZ," stepped down as head of the world's largest cryptocurrency exchange and pleaded guilty to money laundering in 2023.

Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four months

The Binance founder pleaded guilty in 2023 to failing to maintain an effective anti-money-laundering regime.

The president’s special envoy to the Middle East reported in August that he still owned a Trump-linked cryptocurrency.

Other non-crypto companies affected include Snapchat, Hulu, and McDonald’s.

When you send or accept cryptocurrency, it's easy to think you're sidestepping the hidden costs of traditional finance. But behind every "instant" transfer lies a maze of gas fees, withdrawal charges, and profit margins that look a lot like the very system crypto promised to disrupt.