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Changpeng Zhao: Donald Trump pardons billionaire crypto exchange founder | World News

Donald Trump has pardoned the founder of the world’s largest cryptocurrency exchange – amid conflict of interest allegations. Changpeng Zhao spent nearly four months behind bars last year after admitting that Binance failed to maintain an effective anti-money laundering program. Prosecutors in the case had alleged that inadequate controls allowed criminals to move illicit funds…

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Ukraine targets Russia’s crypto payments with new sanctions

Ukraine has declared “sanctions and other solutions” to stop unwanted cryptocurrency transfers from Russia. Vladyslav Vlasiuk, advisor to the Ukrainian president, announced that the country is preparing sanctions and other measures to prevent Russia from using cryptocurrencies like Bitcoin for international payments. Russia began using cryptocurrencies for commercial purposes after Western sanctions made it more…

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