Is Donald Trump still only the President of the United States, or is he gradually becoming the baron of the crypto-sphere? Signals are multiplying: symbolic gestures, decisions in favor of crypto industry and rapprochements with its most controversial figures. The former boss of Binance, Changpeng Zhao (CZ), knows something about it. Behind the persistent rumor of a presidential grace, a whole game of influences is written. Between political maneuvers, market speculations and passionate reactions on X, Trump has definitely no longer has the same status as before.
In short
- Polymarket has seen the chances of presidential thanks to CZ up to 64 %.
- CZ served four months in prison in 2024 for violations of the Bank Secrecy Act.
- Binance paid a record fine of $ 4.3 billion and remains under strict surveillance.
- The BNB token crossed $ 1,000, exceeding Solana after the speculation wave.
Trump, grace and political battle around Cz
The fate of CZ is no longer just justice, it is now invited into the political arena. The former Binance-CEO served four months in prison in 2024 for breaches of the anti-whitage. Officially forbidden to find his post, he nevertheless asked for a presidential pardon from Trump.
On Polymarket, bets flambé up to 64 % probabilitybefore dropped to 45 %. The Republican camp presents this hypothesis as a continuity, Trump having already pardoned Ross Ulbricht (Silk Road) and the three founders of Bitmex.
But the Democrats, led by Elizabeth Warren, denounce “disturbing” financial ties between the Trump and Binance family via World Liberty Financial. In a letter addressed to the general prosecutor Pam Bondi, three senators wonder: Does Binance seek to escape the surveillance imposed in 2023? However, this agreement provided for $ 4.3 billion fine and three years of reinforced control.
Between offensive Pro-Crypto and supporters of a hard line, Washington divides around CZ's fate.
Cz, between profile x and persistent shadow on binance
It all started from an apparently banal detail: CZ deleted the tag “ex-@binance” from its profile X. A gesture perceived by many as a return signal. On the networks, some defended it fervently.
Tulip King, figure followed by the ecosystem, wrote ::
Most people have a bad opinion from CZ, they think everything is criminal. In reality, he is one of the most aligned actors in the whole crypto … The fact is that his exposure to the crypto is so large and extended that his only objective is to raise all cryptos. It is on our side.
This defense illustrates the fracture well: for some, Zhao remains an essential pillar, for others, he embodies the danger of excessive influence in an already under pressure sector.
Presidential grace: What future for Trump and Crypto regulation?
Beyond the CZ case, a grace would be fraught with consequences for American crypto regulation. Trump supporters see it as a symbol: that of an America assuming its role of world hub of digital assets. On the contrary, opponents detect a weakening of the safeguards put in place after the 2023 agreement.
Meanwhile, the markets follow the rumor on track. The Binance BNB token crossed $ 1,000, exceeding Solana and establishing itself as a fifth world crypto in capitalization. The dynamics reflect how the policy weighs on the evolution of the sector.
Some quantified benchmarks to remember
- 64 %: record of chances of grace for CZ on Polymarket before falling at 45 %;
- $ 4.3 billion: amount of the fine paid by Binance in its 2023 agreement;
- $ 1,000: symbolic threshold crossed by BNB, exceeding Solana in capitalization;
- 4 months: duration of the prison sentence purged by CZ in 2024.
The winks to Trump multiply in the crypto ecosystem, to the point of becoming omnipresent. They sometimes take the form of political speculation, sometimes that of symbolic initiatives. Should we remember this golden statue brandishing a bitcoin erected in Washington, which recently caused a scandal? Between the cult of the image and strategic gestures, the relationship between Trump and the Crypto has never been scrutinized.
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