Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists and $290,000 to former SEC chair contender Teresa Goody Guillén, Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. Meanwhile, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate.
Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington.
Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in Trump’s orbit, according to a Sunday report by Politico.
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