Binance's MiCA license application will be rejected, causing the exchange to lose access to the EU market. The company promises to minimize inconvenience for its users.
US President Donald Trump said he doesn't know who Changpeng Zhao is, whom he personally pardoned a few days earlier.
Binance Coin (BNB) cryptocurrency surged 8% after President Donald Trump pardoned the exchange's co-founder, Changpeng Zhao. Zhao had served a four-month prison sentence for violating anti-money laundering rules.
US President Donald Trump has pardoned Binance founder Zhao, with the White House announcing the "end of the war against cryptocurrency. "
Bitcoin stabilized after a fall, trading at $112,292. 5, amid trade tensions between the US and China. Markets expect a 25 basis point Fed rate cut in October with a 99.6% probability.
On October 11, 2025, the crypto exchange Binance suffered a market collapse of $19 billion due to an architectural flaw in the crypto exchange's system. How this could have been avoided - UNN was explained by fintech expert and co-founder of Concord Fintech Solutions Olena Sosedka.
Bitcoin reached an all-time high of $126,000, according to Binance exchange data. Its value subsequently dropped to $125,000.
The Trump family earned up to $6 billion through the World Liberty crypto project, drawing criticism regarding potential political influence. The company claims independence from politics, and its value has surpassed Trump's real estate holdings.
