President Trump signed a pardon for crypto billionaire Changpeng Zhao on Thursday, paving the way for crypto's biggest player to return to the US.
The move, first reported by the Wall Street Journal, followed months of dialogue between the former Binance CEO and the Trump family.
"President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency," White House press secretary Karoline Leavitt said in an emailed statement to Yahoo Finance.
"The Biden Administration's war on crypto is over," Leavitt added.
In a post on X, Zhao thanked Trump for the pardon and said he would do "everything we can" to make the US the world's crypto capital.
https://finance.yahoo.com/news/trump...172904819.html



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