Trump’s Big Fat Crypto; The Blurring of Power and Money

Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, has been pardoned by President Donald Trump. Zhao—known as “CZ”—was sentenced to four months in prison in 2024 after pleading guilty to breaching US money laundering laws. Binance itself was fined $4.3bn after investigators found it had helped users bypass sanctions. That would be a … Read more

Trump, Farage and the Politics of Crypto 

One of the defining principles of old-school Conservatives in the UK and the US was “sound money”: maintaining the value of the currency, keeping inflation in check, and controlling the money supply. Under Thatcher, this was elevated into the main tool of economic policy—with disastrous consequences. Modern right-wingers on both sides of the Atlantic have … Read more