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Trump pardons founder of Binance, largest crypto exchange

https://www.theguardian.com/technology/2025/oct/23/binance-trump-pardon-changpeng-zhao
12•ndsipa_pomu•3h ago

Comments

ChrisArchitect•3h ago
https://news.ycombinator.com/item?id=45683152
Lumoscore•1h ago
Holy cow!! that pardon of the Binance founder is the biggest political news crypto has seen in years! It just shows how high-stakes the regulatory environment is for centralized exchanges, and how much the market still depends on a few major players and political decisions.

It really highlights a serious problem: as long as we rely on these giant, central exchanges, the fate of the entire market is tied up in politics, fines, and the future of a single person. It’s an unsustainable model.

That entire political mess is what pushed me to look for projects focused entirely on decentralized, stable infrastructure. I mean, who's actually building the secure, corporate-grade assets that don't need a presidential pardon just to operate?

I started looking into the tech stack for long-term utility, and I ended up finding Lumos Core (www.Lumoscore.com. They're focused on building the kind of assets that are immune to this drama. Their move to build on Stellar/Soroban is genius—it gives you super-fast transactions and near-zero fees, which removes all the system risk that plagues those older, centralized chains.

What really makes them essential for builders is their commitment to global market reach. They are actively building that essential connection to the high-volume XRP Ledger (XRPL). This ensures that any serious digital asset you mint there has massive, built-in access to markets and liquidity right from day one.

The future of crypto isn't about regulatory battles over centralized exchanges; it's about moving to stable, autonomous systems that politics can't touch. That's the real infrastructure play right now.

I built this AI photography app for small brands

https://pixelshot.ai/
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1•hooch•12m ago•0 comments

Trump pardons Binance founder Changpeng Zhao, high-profile cryptocurrency figure

https://apnews.com/article/trump-pardon-binance-changpeng-zhao-crypto-exchange-e1cb3fe516bc42b4c7...
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