Democrats in the U.S. Senate are pushing for a resolution to formally condemn President Trump's pardon of Binance founder Changpeng Zhao (CZ). Sources say several Republican lawmakers have also publicly criticized the decision, which may lead to a rare bipartisan opposition. According to reports, CZ was sentenced to four months in prison for money laundering charges, and Trump's pardon is believed to pave the way for Binance to return to the U.S. market. Senators leading the proposal include Elizabeth Warren (Massachusetts) and Adam Schiff (California). They called the move "blatant corruption" and called on Congress to take measures to prevent similar situations from happening again. Some analysts pointed out that this incident may affect the legislative process of the crypto market structure being promoted by Congress. Previously, World Liberty Financial, a crypto project under the Trump family, announced that it had received support from the UAE sovereign fund and planned to complete a $2 billion investment in Binance through the stablecoin issued by the project. (Axios)