After securing victory in the 2025 election, President Donald Trump is gearing up to reshape the crypto landscape. According to an exclusive by The Wall Street Journal, a powerful new executive order is being drafted to stop banks from discriminating against crypto companies and politically conservative individuals.
💣 “Operation Choke Point 2.0” Gets Terminated
This move directly counters the controversial banking crackdown seen under the Biden administration — where financial institutions reportedly used “reputational risk” as an excuse to block services to crypto projects. Trump’s order would impose strict penalties on banks that deny services based on political bias.
🏛️ Key Highlights of the Draft Order:
Banks will be banned from denying services on political or ideological grounds.
Strengthening of the Equal Credit Opportunity Act for fair treatment.
Financial watchdogs to investigate and report politically motivated service denials.
🔐 Crypto & Web3 Startups to Breathe Easier
This order could restore banking access to exchanges and blockchain startups that were de-banked under previous policies. It signals a clear protection for innovation and entrepreneurship in the crypto space.
🗣️ Industry Reacts Swiftly
Big names like Coinbase’s Brian Armstrong, the Winklevoss twins (Gemini), and Kraken’s Jesse Powell have long voiced concerns about crypto’s banking struggles. Many now see Trump’s move as a bold push toward a freer, decentralized financial future.
📅 When Will It Be Signed?
According to WSJ, the executive order is expected within days, although timelines may shift. Still, the crypto community is optimistic, and the markets are watching closely.
🚀 Bottom Line: Freedom Incoming?
This may become one of the most pivotal pro-crypto policy moves in a decade. By lifting banking barriers and shielding the industry from political interference, Trump’s action could reignite momentum across the entire crypto market.
🧭 Stay ready. When this order drops, the balance of power in crypto might shift—big time.
