#CreatorPad Trump’s New EO Could Unlock Crypto Banking – A Deep Dive into Opportunities and Risks
• A new Trump executive order from January 2025 as a potential game-changer for crypto, suggesting it could open international banking channels, a shift from his 2023 resignation amid a $50 million fine and money laundering charges in the U.S.
• The executive order, aimed at boosting U.S. leadership in digital assets, establishes a Working Group chaired by a Special Advisor for AI and Crypto, with a draft reported by The Wall Street Journal on August 4, 2025, directing regulators to investigate debanking claims by crypto firms, challenging prior FDIC restrictions from 2022.
• Historical data shows Binance grew to the world’s largest crypto exchange by trading volume in under eight months by April 2018, but its legal battles, including a 2023 CFTC lawsuit over alleged Hamas transaction facilitation, highlight the regulatory risks Zhao’s optimism might overlook.