๐ซ *JUST IN:*
๐๏ธ The *White House* is preparing an *executive order* to crack down on banks that *discriminate* against *conservatives* and *crypto companies*, per WSJ ๐
This move aims to stop *debanking* practices โ with possible *fines and penalties* coming ๐จ๐ฐ
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๐ What This Means:
โ A big *win for crypto firms* often shut out by traditional banks ๐ฆ
โ Could *protect access* to financial services for exchanges, DeFi projects, and users
โ Politically, it reflects growing *support for free-market crypto innovation*
โ Sends a strong message ahead of 2025 elections ๐ณ๏ธ
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๐ Market Snapshot:
- *BTC:* 114,310.43 (-0.26
- *ETH:* 3,655.58 (+2.67%) ๐
- *SOL:* 168.1 (+3.09โ
๐ฎ Predictions Analysis:
- If passed, this order could *boost confidence in U.S. crypto policy*
- Expect *bullish sentiment* for banks working with Web3, and more *DeFi growth*
- Could trigger a *regulatory shift* in how crypto access is handled in TradFi
- Tokens like *ETH and $SOL* may benefit first as sentiment flips positive
๐ข Bottom line: This could mark the *start of more crypto-friendly U.S. regulation* โ and *investors are watching closely* ๐๏ธโ๐จ๏ธ๐บ๐ธ