Trump pardons Binance founder Changpeng Zhao, declares ‘war on crypto is over'

President Donald Trump has officially pardoned Binance founder Changpeng Zhao (CZ), signaling a dramatic shift in U.S. cryptocurrency policy and declaring the "war on crypto is over." The pardon comes after Zhao pleaded guilty in 2023 to anti-money-laundering violations, serving four months in federal prison while stepping down as CEO of the world's largest cryptocurrency exchange.

This landmark decision represents a complete reversal from the Biden Administration's aggressive crypto crackdown, potentially unleashing massive bullish momentum across Bitcoin, Ethereum, and the broader digital asset market. The pardon could trigger significant price movements as institutional investors regain confidence in the regulatory landscape.

Trump's pro-crypto stance, combined with CZ's freedom, may accelerate mainstream blockchain adoption and DeFi innovation. Market analysts expect this development to boost cryptocurrency trading volumes and restore investor sentiment in centralized exchanges. The decision reinforces Trump's campaign promises to position America as the global cryptocurrency capital, potentially driving Bitcoin to new all-time highs while strengthening the entire digital asset ecosystem.