Binance is evaluating strategies to re-enter the US market after President Donald Trump granted a pardon to its founder, Changpeng Zhao, following his 2023 guilty plea for anti-money laundering shortcomings. The pardon eliminates legal obstacles that had restricted Zhao’s role and has sparked a surge in Binance's token value. This development aligns with Trump’s growing involvement in digital assets, including a $2 billion deal connected to his family's crypto firm. Despite political backlash and concerns over conflicts of interest, Binance aims to consolidate or expand its US operations, challenging established players like Coinbase with its strong liquidity and technological advantages. The situation has ignited debates over regulatory integrity, investor protection, and the complex ties between crypto leadership and political influence.
Continue to read Binance Plans US Market Comeback Following President Trump's Clemency for CZ
Binance is evaluating strategies to re-enter the US market after President Donald Trump granted a pardon to its founder, Changpeng Zhao, following his 2023 guilty plea for anti-money laundering shortcomings. The pardon eliminates legal obstacles that had restricted Zhao’s role and has sparked a surge in Binance's token value. This development aligns with Trump’s growing involvement in digital assets, including a $2 billion deal connected to his family's crypto firm. Despite political backlash and concerns over conflicts of interest, Binance aims to consolidate or expand its US operations, challenging established players like Coinbase with its strong liquidity and technological advantages. The situation has ignited debates over regulatory integrity, investor protection, and the complex ties between crypto leadership and political influence.
Continue to read Binance Plans US Market Comeback Following President Trump's Clemency for CZ
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