Trump on CZ pardon: I'm told ‘what he did is not even a crime'

Cointelegraph🔴 negative
Trump on CZ pardon: I'm told ‘what he did is not even a crime'

Following the pardon, CZ said he would do “everything we can to help make America the Capital of Crypto and advance Web3 worldwide.”

Article Summary

**Trump Pardons Binance Founder CZ: Crypto Industry Celebrates Major Victory** Former President Trump has pardoned Binance founder Changpeng "CZ" Zhao, declaring that "what he did is not even a crime" in a move that sends shockwaves through the cryptocurrency market. The pardon represents a significant shift in regulatory sentiment toward digital assets and blockchain technology. Following his release, CZ immediately pledged to help "make America the Capital of Crypto and advance Web3 worldwide," signaling renewed momentum for cryptocurrency adoption and DeFi innovation. This development could trigger substantial Bitcoin price movements and boost investor confidence across major altcoins. The pardon eliminates regulatory uncertainty that has plagued Binance, the world's largest cryptocurrency exchange by trading volume. Market analysts predict this could catalyze institutional investment in digital assets and accelerate blockchain infrastructure development. CZ's commitment to advancing Web3 technology and cryptocurrency adoption positions the United States to compete with crypto-friendly jurisdictions globally. This regulatory relief may spark a new bull run in Bitcoin, Ethereum, and other major cryptocurrencies as institutional investors reassess risk factors in the digital asset space.

Article Details

Source
Cointelegraph
Published
October 24, 2025 at 12:30 AM
Sentiment
🔴 negative
Type
Article
Category
bitcoin
Topics
CryptoNews

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