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Trump to Sign Landmark Executive Order Protecting Crypto Firms from Bank Discrimination

Trump to Sign Landmark Executive Order Protecting Crypto Firms from Bank Discrimination

Published:
2025-08-05 10:40:49

Banks blocking crypto businesses? Not on Trump's watch.

The former president—now back in office—is drafting an executive order to prevent financial institutions from blacklisting blockchain companies. No more 'de-banking' under this administration.

Wall Street won't like this one bit. After years of lobbying against crypto upstarts, traditional banks now face a regulatory curveball. The order could force them to service licensed crypto firms—whether they want to or not.

Insiders say the move targets 'shadow de-platforming' where banks quietly freeze accounts of legal crypto operators. Suddenly, being 'too innovative' for your banker might stop being a problem.

Of course, this being finance, there's a catch. The fine print reportedly lets banks off the hook if they can 'prove' money laundering risks—a loophole big enough to drive a Brinks truck through.

One thing's clear: The crypto industry just got its biggest political win since the SEC lost its war on XRP. Now watch every bank lobbyist in DC suddenly discover the virtues of blockchain.

|Square

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