Political Developments Shaping Crypto: CZ Pardon and NYC Mayoral Impact
Political Developments Shaping Crypto: CZ Pardon and NYC Mayoral Impact
The White House has confirmed that the pardon of Binance founder Changpeng Zhao underwent a 'thorough review process.' Concurrently, New York City's crypto industry is closely monitoring the implications of Zohran Mamdani's mayoral win on local business and regulation.
White House Confirms Thorough Review of CZ Pardon
White House press secretary Karoline Leavitt announced that Donald Trump’s pardon of Binance founder Changpeng Zhao went through a “thorough review process” before presidential approval. This statement addresses the scrutiny and considerations involved in such high-profile cases within the cryptocurrency space.
New York City Crypto Industry Awaits Mayoral Administration's Stance
Following Zohran Mamdani’s victory in the New York City mayoral race, the local cryptocurrency industry is in a state of anticipation. Businesses and stakeholders are keen to assess how the new administration will influence the regulatory environment and overall business landscape for crypto in the city.