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October 24, 2025Bitcoinist logoBitcoinist

CZ’s Full Pardon Marks New Era For Binance: Asian Expansion And Stablecoin Supremacy

In a stunning turn of events, US President Donald Trump has issued a full pardon for Changpeng “CZ” Zhao, the founder of Binance, the world’s largest cryptocurrency ￰0￱ had pleaded guilty in late 2023 to a single count of failing to maintain an adequate anti-money laundering program and subsequently stepped down as ￰1￱ paid a record $4.3 billion settlement to US authorities, and Zhao served four months in prison as part of the plea ￰2￱ these legal and regulatory challenges, Binance has maintained its dominance in the crypto ￰3￱ of mid-2025, the exchange continues to command approximately 40% of global spot trading volume, underscoring its resilience and strong global user base.

However, the journey has been ￰4￱ 2023, Binance has faced mounting regulatory scrutiny worldwide, with lawsuits from the SEC and CFTC reducing its market share from 60% to 52%. Meanwhile, ￰5￱ has seen its operations severely curtailed, and several countries — including the UK, Nigeria, and Canada — have imposed restrictions or outright bans. Zhao’s pardon marks a significant political and symbolic moment, potentially reshaping Binance’s global narrative and reigniting discussions around crypto regulation and leadership ￰6￱ Rebuilds Global Strength Through Asian Expansion and Stablecoin Dominance Insights from XWIN Research Japan reveal that Binance’s response to years of regulatory headwinds has been a calculated strategic pivot toward Asia — a region increasingly defining the future of crypto ￰7￱ 2025, SoftBank’s PayPay acquired a 40% stake in Binance Japan, integrating its infrastructure into one of Japan’s largest mobile payment ￰8￱ move effectively bridged traditional fintech and crypto, boosting accessibility to millions of users.

Simultaneously, Gulf Binance obtained a full operating license in Thailand, launching regulated services and cementing its presence in Southeast ￰9￱ South Korea, after years of exclusion, they successfully re-entered the market through its acquisition of GOPAX, gaining approval from local regulators — a major milestone in restoring its regional ￰10￱ the technological front, the BNB Chain ecosystem has experienced a strong ￰11￱ trading volumes, active wallets, and developer engagement have surged, positioning Binance not just as an exchange, but as a critical DeFi infrastructure layer within the broader blockchain ￰12￱ significantly, Binance now dominates the global stablecoin liquidity ￰13￱ to CryptoQuant, as of October 2025, Binance holds $44.2 billion in ERC-20 stablecoin reserves, representing 67% of all exchange ￰14￱ liquidity serves as the backbone for markets across India, Brazil, and South Korea, reinforcing Binance’s pivotal role in facilitating cross-border trading and capital ￰15￱ endured and adapted to regulatory pressure, Binance is now rebuilding from a position of strength — anchored by strategic partnerships, technological expansion, and an unshakable command over stablecoin ￰16￱ exchange’s evolution reflects a shift from compliance recovery to structural dominance within the global digital asset ￰17￱ Consolidates After Massive Run BNB is currently trading around $1,128, showing signs of stabilization after weeks of heightened ￰18￱ 4-hour chart reveals that price has found short-term support around $1,080, with the 200-day moving average (red line) acting as a critical dynamic support ￰19￱ recovery above this zone indicates that buyers are gradually regaining control after the sharp pullback that followed the early-October highs near $1,380.

Despite the modest rebound, BNB remains capped below key resistance near $1,180, where the 50-day (blue) and 100-day (green) moving averages converge. A decisive breakout above this cluster could confirm a bullish reversal, potentially targeting the $1,250–$1,300 range — levels that previously acted as support before the ￰20￱ the downside, failure to hold the $1,080–$1,050 zone could invite renewed selling pressure, with potential retests of $1,000 or even $950 if broader market sentiment ￰21￱ a structural standpoint, BNB appears to be consolidating within a broad range following its parabolic September ￰22￱ next major directional move will likely depend on whether bulls can establish consistent momentum above the moving ￰23￱ then, BNB remains in a neutral-to-bullish accumulation phase, awaiting confirmation of trend ￰24￱ image from ChatGPT, chart from ￰25￱

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