{"id":17325,"date":"2025-12-05T08:05:20","date_gmt":"2025-12-05T08:05:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/changpeng-zhao-doubles-down-on-making-us-crypto-capital-post-pardon\/"},"modified":"2025-12-05T08:05:23","modified_gmt":"2025-12-05T08:05:23","slug":"changpeng-zhao-doubles-down-on-making-us-crypto-capital-post-pardon","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/changpeng-zhao-doubles-down-on-making-us-crypto-capital-post-pardon\/","title":{"rendered":"Changpeng Zhao doubles down on making US crypto capital post-pardon"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">After Trump\u2019s pardon, Binance founder CZ calls the US an \u201cemerging land for Binance\u201d and vows to help make America the global hub for crypto innovation.<\/p>\n<div id=\"cn-block-summary-block_393d7a8f2794f07e2270cbc1cbf8d7e9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>CZ says Trump\u2019s pardon lets Binance engage more freely worldwide, including renewed focus on the US market.\u200b<\/li>\n<li>He calls America a vital tech and institutional market and wants major crypto firms and BNB exposure to return there.\u200b<\/li>\n<li>CZ praises US regulatory progress like the GENIUS and CLARITY Acts but stresses regulation, banks, and crypto must integrate.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Changpeng Zhao, founder of cryptocurrency exchange Binance, announced plans to help establish the United States as a global cryptocurrency hub, according to statements made during a press conference at Binance Blockchain Week in Dubai on Dec. 3-4.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Appreciative of Trump pardon, Binance&#8217;s CZ (Changpeng Zhao) sets sights on making US the crypto capital<\/p>\n<p>By <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/debanganaghosh4?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@debanganaghosh4<\/a><a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/ow0wNUaeFt\">https:\/\/t.co\/ow0wNUaeFt<\/a><\/p>\n<p>\u2014 Chandra R. Srikanth (@chandrarsrikant) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/chandrarsrikant\/status\/1996823190098923890?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">December 5, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Zhao, commonly known as CZ, addressed questions about his involvement in the US market following a presidential pardon from President Donald Trump. The executive stated he is \u201cvery appreciative of the pardon from Trump,\u201d noting that this allows Binance to conduct business more freely worldwide, including in America, according to remarks reported from the private press conference held at the Coca Cola Arena.<\/p>\n<p>\u201cIt\u2019s my full intention to help make America the capital of crypto,\u201d Zhao stated during the event.<\/p>\n<p>Zhao described the US as \u201can emerging land for Binance,\u201d explaining that the company had attempted to withdraw from the American market during the Biden administration. He stated that Binance did not invest in the US during that period and tried to pull out operations.<\/p>\n<p>Binance US, which launched in September 2019 to service US residents, remains operational but continues to function as a small business, according to Zhao. In 2023, the Securities and Exchange Commission sued Binance US, resulting in the loss of banking access and several state licenses, Zhao said.<\/p>\n<p>Zhao characterized the US as \u201ca very important market\u201d and a leading region for technology talent. He stated that many large blockchain businesses, including Binance and other major players, are not technically based in the US.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>\u201cLarge businesses like Binance and a few other large players are not technically in the US, so I do want to help bring many of those businesses back into the region,\u201d Zhao said. He added that many institutional investors lack access or exposure to BNB, Binance\u2019s native cryptocurrency.<\/p>\n<p>Regarding global challenges to cryptocurrency adoption, Zhao cited the need for clarified regulatory frameworks in many parts of the world. He described his involvement with more than a dozen countries on developing and implementing digital asset regulations.<\/p>\n<p>Zhao stated that currently only a handful of countries have clear regulations around digital assets, but noted that the US is leading regulatory efforts.<\/p>\n<p>\u201cNow the US is leading \u2014 which is good, but the US is only just starting. Trump has only been in power for a year,\u201d Zhao stated.<\/p>\n<p>Zhao referenced recent legislative progress, including the passing of the GENIUS Act, which establishes rules around stablecoins. He described the CLARITY Act, which aims to define digital assets, as a work in progress.<\/p>\n<p>\u201cAlso the first draft of regulations will not be perfect \u2014 it takes time to evolve. After this, the banks will need to work closely with crypto businesses. We need to integrate with existing financial systems to enable mainstream adoption, as that\u2019s the best way for growth,\u201d Zhao said.<\/p>\n<p>Zhao also addressed his prison sentence, having served four months in a US prison in April 2024 after pleading guilty to violating US money laundering laws.<\/p>\n<p>\u201cI went through a lot of challenges \u2014 I went to jail, etc. but I know that no one got hurt,\u201d Zhao stated. \u201cThere was no fraud, there were no users that got hurt because of my actions, so when I sleep at night I sleep very well because I know I am helping a lot of people.\u201d<\/p>\n<p>The statements were made during Binance Blockchain Week, which took place at the Coca Cola Arena in Dubai from Dec. 3-4.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Trump\u2019s pardon, Binance founder CZ calls the US an \u201cemerging land for Binance\u201d and vows to help make America the global hub for crypto innovation. Summary CZ says Trump\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=17325"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17325\/revisions"}],"predecessor-version":[{"id":17326,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17325\/revisions\/17326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2453"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}