The recent news that US President Donald Trump granted a full pardon to former Binance CEO Changpeng “CZ” Zhao is making major waves across the crypto news and blockchain technology sphere. According to a Politico investigation and multiple industry sources, the pardon came on the heels of an aggressive and high-priced lobbying push by Binance and CZ, which highlights…
In a move electrifying the crypto news world and the entire blockchain technology community, President Donald Trump has officially pardoned Binance founder Changpeng “CZ” Zhao, clearing the way for his potential return to a leadership role at the world’s largest crypto exchange. The dramatic act of clemency, first reported by The Wall Street Journal and later confirmed by Binance…
Paxos, a leading crypto infrastructure provider, has agreed to a $48.5 million settlement with the New York Department of Financial Services (NYDFS) following allegations that the company failed to uphold robust anti-money laundering (AML) and Know Your Customer (KYC) standards in its partnership with Binance. The regulatory crackdown and subsequent penalty highlight intensifying scrutiny on…
