Binance founder and former CEO Changpeng Zhao has urged national governments to explore the use of artificial intelligence tools, particularly large language models (LLMs), to simplify their legal systems.

In a July 10 post on X, Zhao argued that AI could play a key role in making legal codes more understandable and accessible to everyday citizens.

According to him, many countries have accumulated layers of complex, conflicting laws over time that legal professionals often shape through patchwork amendments.

Due to this, the current legal systems have become “gigantic, patched, added, and often intentionally made complex.”

Zhao pointed out that this has made it nearly impossible for non-lawyers to fully comprehend their rights and obligations.

However, he believes that this could change with the advent of LLMs.

Large language models are advanced AI systems like OpenAI’s ChatGPT that could be trained on extensive legal text. This would allow these tools to read, analyze, and rewrite dense legal documents into simplified formats.

As a result, these AIs could detect inconsistencies, streamline clauses, and interpret technical language, which could help make the law more accessible to everyday users.

AI won’t replace lawyers

Despite his enthusiasm, Zhao clarified that AI should not be seen as a substitute for human lawyers.

Instead, he positioned these technologies as assistants that could handle routine tasks while freeing up legal professionals to focus on more complex, high-stakes work.

According to him:

“There could be a 1000 companies building spaceships vs only a couple now. We can test more drugs to cure cancer. Flying cars… All of them need tremendous amounts of legal work.”

Meanwhile, market observers cautioned that while LLMs offer tremendous utility, they have flaws.

Current iterations still face challenges such as hallucinations or situations when the AI generates incorrect or misleading information. They argued that this reinforces the continued need for legal professionals who can interpret, verify, and contextualize the law.

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Standard Chartered has initiated formal coverage of Binance’s exchange token, BNB, and set out one of the industry’s most detailed long-term trajectories for the asset. In a research note shared with The Block, Geoffrey Kendrick, the bank’s global head of digital-asset research, argues that the token price could accelerate from roughly $600 today to $1,275 by 2025 and $2,775 by 2028, before “plateauing” through 2029.

BNB Could Spike By 360%

The path implies a gain of more than 360% from current levels and, crucially, situates the token in what Kendrick calls “a benchmark-like role” inside the wider crypto capital structure. “BNB has traded almost exactly in line with an unweighted basket of Bitcoin and Ethereum since May 2021 in terms of both returns and volatility,” Kendrick wrote. “We expect this relationship to continue to hold, driving the price from around $600 currently to $2,775 by end-2028.”

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Standard Chartered’s broader outlook is unabashedly bullish on the majors: Bitcoin is projected to reach $200,000 in 2025 and $500,000 in 2028, while Ethereum is pencilled in at $4,000 and $7,500 over the same horizons. When those forecasts are translated into cross-asset ratios, they reveal subtle shifts in market share.

The BTC-BNB ratio—how many BNB one Bitcoin can buy—is expected to tick up from 157 in 2025 to 180 by 2027, then hold steady, implying that Bitcoin’s dollar appreciation is likely to outrun BNB’s. By contrast, the ETH-BNB ratio is seen slipping from 3.14 in 2025 to 2.70 in 2027, signalling that Ethereum may outperform BNB, but more gently than Bitcoin will.

Kendrick acknowledges that BNB “may underperform Bitcoin and Ether both in real terms and as measured by market cap in circulation,” yet he contends that its deflationary tokenomics and deep linkage to the world’s largest centralized exchange “support its long-term value.”

The research note scrutinises BNB Chain’s architecture. Its “proof-of-staked authority” model rotates just 45 validators every 24 hours—a sharp contrast to Ethereum’s million-plus validator set. Kendrick describes BNB Chain as “highly centralised relative to other chains,” adding that its developer activity has “stagnated” since the 2021 DeFi surge and now trails networks such as Avalanche and Ethereum.

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Even so, forthcoming technical milestones are expected to expand the ecosystem’s resilience. Kendrick cites the recently completed Pascal hard fork and the looming Maxwell upgrade, due in June, as examples of “incremental but meaningful” incentives for developers.

On the demand side, the token’s fortunes remain tethered to Binance’s trading engine. Holders receive tiered fee discounts calculated on their token balance and 30-day volume—a mechanically enforced use-case that has so far “helped the BNB Chain retain activity even as competition from other ecosystems like Solana grows,” Kendrick notes. PancakeSwap, the dominant decentralised exchange on BNB Chain, amplifies that liquidity loop.

Meanwhile, regular token burns, coupled with the fixed-limit supply, underpin a structural deflation that Standard Chartered says justifies the premium BNB commands on its market-cap-to-GDP valuation screen—currently “rich” by the bank’s preferred metric.

At press time, BNB traded at $605.

Featured image created with DALL.E, chart from TradingView.com

The quake caused widespread flooding and extensive damage to infrastructure, particularly in Myanmar, where the epicenter was located roughly 10 miles from Mandalay.

In a post on X, Zhao expressed concern for those affected and said the donations would be distributed through Binance and Binance Thailand.

CZ Says Binance Will Distribute Earthquake Relief Funds If No Trusted On-Chain Platform Found

He noted that if a reliable third-party on-chain donation platform is not identified, Binance will directly handle the distribution of the disaster relief funds.

According to The Guardian, the earthquake has already claimed at least 144 lives, with over 700 others injured.

Rescue teams in both countries are working to recover those still trapped beneath the rubble, and the death toll is expected to rise.

Myanmar’s military leader, Min Aung Hlaing, has publicly appealed for international assistance to aid in the relief efforts.

The use of cryptocurrency in humanitarian aid has gained traction due to its speed, transparency, and ability to bypass traditional banking infrastructure.

In previous disasters, such as the 2023 earthquakes in Turkey and Syria, and the Maui wildfires, crypto-based platforms like The Giving Block helped raise millions of dollars for relief.

The Giving Block has also launched an emergency fundraiser this year for victims of the California wildfires, raising over $1 million to date.

CZ’s Charity Backfires (in a Good Way)

Earlier this month, CZ pledged 150 BNB (around $100,000) to help victims of the now-defunct LIBRA meme coin—only to end up receiving more crypto than he gave.

Zhao’s donation came in response to a campaign started by a college student named EnHeng, who raised $50,000 to support over 40,000 investors impacted by LIBRA’s collapse.

The Solana-based token, promoted by Argentina’s President Javier Milei, briefly soared to a $4 billion market cap before crashing by 91%, wiping out billions in investor funds.

After Zhao publicly shared his donation wallet, crypto contributions poured in, surpassing his initial donation.

“When you give money away, you get more back,” CZ quipped on X.

However, he made it clear he would not keep any of the additional funds, promising to redirect them to other meme coin victims, including those scammed by TST and Broccoli—named after his dog.

Zhao emphasized his actions should not be seen as an endorsement of any meme coins.

Meanwhile, President Milei is under investigation in Argentina for his role in promoting LIBRA, which is now at the center of a growing legal scandal involving fraud, insider trading, and investor deception.

The post Binance’s CZ Pledges to Donate 500 BNB Each to Thailand and Myanmar After Earthquake appeared first on Cryptonews.

On March 13, 2025, WSJ said that Binance reached out to Trump’s family representatives in 2024 and offered a business agreement as part of a broader strategy to reopen Binance. The move also comes as Binance Ex-Ceo Changpeng Zhao is searching for a presidential pardon.

Criticizing the report, Zhao said, “felons should not worry about pardoning, especially the only person in US history to be sentenced to prison on a single BSA charge.”

The WSJ report also suggests that Trump could win stakes in Vinanence or use his crypto venture, World Liberty Financial (WLFI).

Breaking: Trump family is discussing for Binance’s interests in crypto exchange, sources say – WSJ$ bnb > 600 pic.twitter.com/fyp4bruzow

-hadlfm team (@hodl_fm) March 13, 2025

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Trump and Zhao criticize TSJ

4. Sorry for being disappointed. The WSJ article was incorrect.

Over 20 people have come to the WSJ (and another media) to say, “Can you confirm that CZ has made a deal for pardon?”

They asked perhaps hundreds of people to 20 people to reach out to me. in…https://t.co/elydpmkd3g

– CZ bnb (@cz_binance) March 13, 2025

In the case of Binance, this potential partnership represents an important opportunity to re-enter the US market after facing important regulatory challenges.

Zhao, who served in a prison for four months in the US after pleading guilty to violating anti-money laundering requirements, is pushing the Trump administration to pardon him. In the past, the company’s US division has plummeted from 27% to over 1% after regulatory measures.

Steve Witkoff, a longtime Trump friend who serves as a special envoy in the Middle East, has been involved in the negotiations.

Meanwhile, Trump has criticized the WSJ. “The Globalist Wall Street Journal doesn’t know what they’re doing or what they’re saying. They’re owned by the polluted thinking of the European Union, formed for the primary purpose of “smashing down” the United States,” Trump writes of the society of truth.

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The Trump family, who spoke to Changpen Zhao for Binance’s interests while seeking a presidential pardon, first appeared in 99bitcoins.

Cristiano Ronaldo is back with another digital release, teaming up with Binance to launch the “ForeverSkills” collectibles. This collection goes beyond digital keepsakes, giving fans a chance to connect with the football icon through tutorials and even a masterclass. The collection also includes a “Proof of Skills” challenge, for fans to showcase their football moves to Ronaldo on TikTok or Instagram.

A Skill-Filled Experience for Fans

The “ForeverSkills” collection is all about celebrating Ronaldo’s legendary moves on the pitch. Whether you’re just starting your football journey or you’re an aspiring pro, these collectibles offer something unique.

Holders of both Free and Premium collectibles get access to skill tutorials where Ronaldo breaks down the techniques that made him one of the greatest players of all time. But Premium holders, only 777 available, get the real MVP treatment.

For $77, they unlock all seven tutorials, a digital masterclass with Ronaldo, and the chance to win exclusive prizes, like signed jerseys and 7 WHOOP bands, including the WHOOP device and a one-year subscription to the WHOOP app. To top it off, there is a chance to win a spot at an in-person masterclass hosted by Ronaldo himself.

Source Binance

Show Off Your Skills to Ronaldo

Want to show Ronaldo what you’ve got? The “Proof of Skill” challenge is your moment. From December 1 to December 6, fans can join in by creating TikTok or Instagram duet videos showcasing their best football skills to Ronaldo.

Out of all the entries, 77 hand-picked participants will win a rare “Proof of Skill” digital collectible (only 77 in existence). Then, two winners picked by Binance and Cristiano—one from the “Proof of Skill” challenge and one lucky Premium holder—will score the ultimate prize: an invite to Ronaldo’s in-person masterclass.

“This collection is all about skills,” Cristiano Ronaldo said. “It invites the next generation of players and amateur footballers to take their skills to the next level while imparting my skills and sharing my legacy.”

ForeverSkills Drop Dates

The Free collectibles are easy to snag—just register for a Binance account and complete KYC between December 9 and December 18, 2024. For those eyeing the Premium tier, sales open on December 12 and close either when sold out or on December 18. With only 777 Premium collectibles available, they’re expected to go fast.

“ForeverSkills” isn’t just about collectibles; it’s about bringing fans closer to a legend. From skill tutorials to real-life opportunities, this collection is a blend of football, blockchain, and once-in-a-lifetime experiences.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.