Haciyev Reşit 
Discussions within the White House about a potential presidential pardon for Binance founder Changpeng Zhao (CZ) are reportedly gaining momentum. If approved, CZ could potentially return to Binance in an advisory or strategic role, signaling what some see as a possible shift in U.S. crypto regulation policy.
White House Talks Intensify
According to Fox Business reporter Charles Gasparino, internal debates over a possible pardon for CZ are “heating up” in the White House. While no official confirmation has been made, insider sources suggest that the discussions have accelerated in recent weeks, possibly reflecting a softening stance toward the Binance co-founder.
Gasparino reported:
“A source familiar with the matter said the idea of pardoning CZ is being taken seriously, but officials are proceeding cautiously due to public scrutiny.”
CZ, who stepped down as Binance CEO in late 2023, pleaded guilty to a single Bank Secrecy Act violation and was sentenced to four months in prison, making him the wealthiest person in U.S. history to serve jail time. Despite the conviction, many in the crypto community considered the punishment “unnecessarily harsh”, arguing that the case was overblown.
Possible Scenarios if the Pardon Is Granted
Analysts suggest that if the pardon is approved, CZ could rejoin Binance in an advisory or strategic capacity. His leadership had been instrumental in expanding Binance’s global influence, and his absence has left a noticeable gap in the company’s public image.
However, industry experts caution that allowing a convicted billionaire to return to a leadership role could be politically sensitive, especially given Washington’s cautious stance on digital asset regulation. Earlier this year, The Wall Street Journal reported that CZ was actively seeking a federal pardon. Although he initially dismissed the reports as false, CZ later confirmed in a podcast that his legal team had indeed filed a pardon request.
Potential Impact on the Global Crypto Market
If granted, a pardon for CZ could have far-reaching implications — not only for him personally but also for Binance’s global standing and the broader crypto market. Analysts argue that such a move could mark a turning point at the intersection of crypto, regulation, and political power.
As one crypto analyst summarized:
“CZ’s return would symbolize a new phase — one that underscores the growing political and economic influence of the cryptocurrency industry in the United States.”
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