NEW: President Trump is expected to sign an executive order today targeting politicized de-banking practices.

What it includes:

📌 Ban on vague standards of "reputational risk"

📌 Orders to repeal federal guidelines that allow account closures for ideological reasons

📌 A mandate to reverse past de-banking

📌 Fines and referrals to the Department of Justice for banks that illegally discriminated

Why is it noteworthy for cryptocurrencies?

While cryptocurrencies are not mentioned, this is a clear warning signal to regulators who have quietly pressured banks to sever ties with legal but unfavored industries, such as gun manufacturers and digital assets.

If enforced, this could provide cryptocurrency companies with stronger legal grounds to fight against banking exclusion.