Crypto Today: Binance Founder CZ Pardoned by Trump, Revolut Expands in Europe, and Bitcoin Miner Debt Skyrockets

Binance founder Changpeng “CZ” Zhao has been granted a presidential pardon by former US President Donald Trump, potentially paving the way for his return to the exchange. Despite pleading guilty last November to AML program failures and serving prison time, CZ’s pardon marks a significant development for the crypto industry. Meanwhile, Revolut has secured a MiCA license from the Cyprus Securities and Exchange Commission, enabling it to offer regulated crypto services across the entire European Economic Area. This license supports Revolut’s upcoming Crypto 2.0 platform, which promises access to over 280 tokens, zero-fee staking with attractive yields, and seamless stablecoin conversions. On another front, Bitcoin miners face soaring debt levels, which have jumped 500% in just a year as they invest heavily to keep up with rising demand for crypto mining and AI-hosting services. Experts warn that without ongoing investment, miners risk losing their share of the global hashrate and daily Bitcoin rewards, spurring some to monetize excess electrical capacity during low demand periods. For the latest insights and updates, read more at Cointelegraph: https://cointelegraph.com/news/what-happened-in-crypto-today

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