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Days After Pardon, CZ Says Crypto Will ‘Make a Lot of Money for the Country’

Summary by Benzinga
Binance co-founder Changpeng Zhao believes that cryptocurrency will significantly contribute to the U.S. economy. Last week, President Donald Trump pardoned Zhao, who was convicted of violating U.S. anti-money-laundering laws. Trump granted the pardon citing sympathy for claims that Zhao faced political persecution. The decision came after months of behind-the-scenes efforts, including Binance's quiet backing of the Trump family's World Liberty …

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In a move that astonished both Washington and Wall Street, President Donald Trump pardoned former Binance CEO Changpeng "CZ的 Zhao, who had spent four months in prison for violating the money laundering rules. Within a few hours, Zhao thanked Trump and promised to "make America the capital of the crypto world" while the markets exploded with double-digit profits. This pardon signals more than just forgiveness – it is a clear message that Krypto i…

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GlobalNewsIt broke the news in on Saturday, October 25, 2025.
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