2026-05-10 CoinTelegraph

CZ Reveals Rival Exchanges Opposed His Pardon Over Binance US Market Return Fears

Binance co-founder Changpeng 'CZ' Zhao has disclosed that rival cryptocurrency exchanges opposed his pardon, fearing it could help facilitate Binance's return to the US market. The former exchange CEO received a presidential pardon following his recent legal battles, raising questions about the company's future operations in the United States. Industry analysts suggest the development could significantly reshape competitive dynamics among global crypto exchanges.

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