President Donald Trump pardoned Binance co-founder Changpeng Zhao, White House press secretary Karoline Leavitt confirmed to ABC News on Thursday. Zhao pleaded guilty in 2023 to a money laundering charge.

Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday. A mountainous former Soviet republic of around 7 million people traditionally dependent on labour migrants in Russia,

Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice,” Zhao posted on X. “Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide.

While geographic expansion shapes its comeback, stablecoin dominance remains Binance’s biggest strength. Data from CryptoQuant showed that by October 2025, Binance held $44.2 billion in ERC20 stablecoin reserves, accounting for 67% of all exchange holdings.

The founder of the world’s largest crypto exchange Binance has predicted the bitcoin price will eventually soar beyond

BNB snatches Bitcoin’s “Uptober” narrative through booming memecoin profits, even as Binance battles criticism over system failures during the recent market crash.