In a surprising move following former President Trump’s pardon of Binance founder Changpeng Zhao, Binance has reportedly dismantled an internal investigation into potential financing activities related to Iran and suspended the investigators involved. This decision comes in the wake of recent regulatory changes under the Trump administration, which have favored lighter oversight for cryptocurrency firms to boost innovation within the U.S., and amid persistent U.S. sanctions on Iran that heighten the importance of compliance oversight in the crypto industry.
Binance halts Iran probe after founder pardon: WSJ
